Strathmore, NJ is a thriving neighborhood in the Garden State. It has a variety of amenities nearby, such as fine dining restaurants, grocery stores, shopping centers and much more. The average rent for a two-bedroom apartment in Strathmore is $1,840 which is slightly higher than the national average of $1,430. Additionally, the Grocery Cost Index in Strathmore is 106 versus 100 in the US. This indicates that grocery prices are relatively 6% higher locally than nationally. Popular local companies include Strathmore Property Management Group, Metro Industrial Supplies and G&G Excavating Services. These businesses offer services that add to the vibrant atmosphere of Strathmore and enhance its reputation as a desirable place to live and work in New Jersey.
Strathmore has an unemployment rate of 6.8%. The US average is 6.0%.
Strathmore 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 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Strathmore
- The Sales Tax Rate for Strathmore is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Strathmore 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 Strathmore
- The average income of a Strathmore resident is $45,177 a year. The US average is $28,555 a year.
- The Median household income of a Strathmore resident is $142,933 a year. The US average is $69,021 a year.