Scotch Plains, NJ Economy


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Scotch Plains, NJ is a great place to live. It offers a variety of amenities such as two bedroom apartments for rent at an average price of $1,880, which is lower than the US average of $1,430. Additionally, the grocery cost index in Scotch Plains is 107 compared to 100 in the US. There are several businesses located in the area such as Starbucks, Target, and Cold Stone Creamery. Tourists may also enjoy visiting places like Echo Lake Park or The Colonial Inn that offer stunning views and atmosphere.

Scotch Plains has an unemployment rate of 8.0%. The US average is 6.0%.

Scotch Plains 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 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Scotch Plains
- The Sales Tax Rate for Scotch Plains is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Scotch Plains 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 Scotch Plains
- The average income of a Scotch Plains resident is $53,374 a year. The US average is $28,555 a year.
- The Median household income of a Scotch Plains resident is $161,299 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyScotch Plains, New JerseyUnited States
  86
  -7.3%-6.2%
  22.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $72,194$37,638
  $161,299$69,021
  $188,303$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.1%6.8%
  7.4%10.0%
  3.7%2.5%
  4.9%11.0%
  3.0%4.8%
  1.0%0.8%
  4.5%1.9%
  11.1%4.7%
  2.1%1.9%
  15.6%7.6%
  0.1%0.1%
  1.9%4.2%
  13.7%9.3%
  12.2%14.0%
  2.3%2.1%
  3.3%7.0%
  6.0%4.8%
  3.3%4.7%
Reviews for Scotch Plains
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I've lived in the city for about 5 years now and I've enjoyed it, it's close to new york and my son likes the schools as "the teachers are friendly and nice" (In His  More

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Over 10 years ago

To see it is to believe it. Scotch Plains is definitely one of the best towns that New Jersey has to offer.  More

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