West Caldwell, NJ is a vibrant mid-size town located in the northeastern part of the state. It offers great quality of life for those who choose to settle here, with access to numerous amenities and attractions. The average 2 bedroom rent in West Caldwell is higher than the US average at $1,910 per month. Grocery costs are also relatively higher with an index of 108 versus 100 nationally. There are plenty of companies in the area offering employment opportunities such as Forgivable Mortgage Solutions and International Protection Services, making West Caldwell a great place to live and work. Residents can explore nearby neighborhoods such as Little Falls, Fairfield and Bloomfield which offer more dining and shopping options.
West Caldwell has an unemployment rate of 9.6%. The US average is 6.0%.
West Caldwell 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 20.9%, which is lower than the US average of 33.5%.
Tax Rates for West Caldwell
- The Sales Tax Rate for West Caldwell is 6.6%. The US average is 7.3%.
- The Income Tax Rate for West Caldwell 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 West Caldwell
- The average income of a West Caldwell resident is $46,233 a year. The US average is $28,555 a year.
- The Median household income of a West Caldwell resident is $136,474 a year. The US average is $69,021 a year.