Rocky Hill, NJ is a small town located in the southern part of the state. It is home to a variety of businesses such as Rocky Hill Pharmacy, Rocky Hill Auto Repair, and Rocky Hill Family Dental. The cost of living in Rocky Hill is relatively high compared to the national average. Rent for a two-bedroom apartment in Rocky Hill averages around $2,280 per month, while rent for a two-bedroom apartment across the US averages about $1,430 per month. Additionally, the grocery cost index in Rocky Hill is 107 compared to 100 nationally. This means that groceries tend to be 7% more expensive than the US average in Rocky Hill.
Rocky Hill has an unemployment rate of 6.3%. The US average is 6.0%.
Rocky Hill has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.
Tax Rates for Rocky Hill
- The Sales Tax Rate for Rocky Hill is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Rocky Hill is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Rocky Hill
- The average income of a Rocky Hill resident is $58,367 a year. The US average is $28,555 a year.
- The Median household income of a Rocky Hill resident is $126,389 a year. The US average is $69,021 a year.