Silver Ridge, NJ is a small town located in the North of New Jersey. It is known for its unique lifestyle and easy access to major cities such as Newark and New York City. The 2 Bedroom Rent in Silver Ridge compared to the US is slightly higher at $1,560 versus $1,430. Grocery Cost Index in Silver Ridge is also slightly higher at 101 versus 100 in the US. This indicates that consumer prices are slightly more expensive in Silver Ridge than most of the country.
Silver Ridge has several local businesses that add to its charm and appeal. These include Silver Ridge Pizza, a popular pizza joint; Big Mike's Barber Shop, an old-fashioned barber shop; and All American Sports Bar & Grill, a great place for sports fans. All these businesses provide a great range of services for local residents and visitors alike. As such, Silver Ridge remains an attractive destination for those looking to experience the unique lifestyle of this town.
Silver Ridge has an unemployment rate of 7.5%. The US average is 6.0%.
Silver Ridge has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Silver Ridge
- The Sales Tax Rate for Silver Ridge is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Silver Ridge 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 Silver Ridge
- The average income of a Silver Ridge resident is $30,319 a year. The US average is $28,555 a year.
- The Median household income of a Silver Ridge resident is $35,592 a year. The US average is $69,021 a year.