Saddle River, NJ is an affluent suburb located about 25 miles from Manhattan. It boasts a low crime rate, excellent schools, and plenty of nearby amenities such as the Saddle River County Park, which features walking paths, playgrounds, picnic areas and large open fields. The cost of living in Saddle River may be slightly higher than the national average with a two bedroom rent averaging $2,690 compared to $1,430 nationally and a grocery cost index of 114 compared to 100 in the US. Despite the higher costs of living, it's well worth it considering all the benefits that come with living in this picturesque town. Local businesses include The Gourmet Deli & Grill serving up classic Italian sandwiches and deli favorites; The Brick Oven Pizza Bakery offering fresh brick oven pizzas; McBride’s Florist providing beautiful flower arrangements; and First Hope Bank for banking services. With its lush scenery and convenient location to nearby cities like New York City, Saddle River is an ideal place to live for those seeking suburban living close to major urban centers.
Saddle River has an unemployment rate of 7.4%. The US average is 6.0%.
Saddle River has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.
Tax Rates for Saddle River
- The Sales Tax Rate for Saddle River is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Saddle River 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 Saddle River
- The average income of a Saddle River resident is $87,960 a year. The US average is $28,555 a year.
- The Median household income of a Saddle River resident is $250,001 a year. The US average is $69,021 a year.