West New York, NJ is a popular town located in the northeast of the United States. It is known for being home to many popular businesses, such as Macy's, T-Mobile, Verizon Wireless, and Starbucks. The cost of living in West New York is higher than the US average; 2 Bedroom rent costs $2,030 a month compared to $1,430 in the US and the Grocery Cost Index is 106 versus 100 in the US. Despite its higher living costs, West New York remains an attractive place for those looking for an active urban lifestyle with access to cultural experiences.
West New York has an unemployment rate of 8.8%. The US average is 6.0%.
West New York 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 24.3%, which is lower than the US average of 33.5%.
Tax Rates for West New York
- The Sales Tax Rate for West New York is 6.6%. The US average is 7.3%.
- The Income Tax Rate for West New York 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 New York
- The average income of a West New York resident is $26,081 a year. The US average is $28,555 a year.
- The Median household income of a West New York resident is $65,913 a year. The US average is $69,021 a year.