Lambertville, NJ is a small city located in the state of New Jersey. It is known for its beautiful landscapes and picturesque views, making it a desirable destination for people seeking an escape from busy city life. A two bedroom rental in Lambertville costs around $1,770 per month, while the US average for a two bedroom rental is $1,430 per month. The grocery cost index in Lambertville is also higher than the US average at 106 versus 100 respectively. Notable companies that operate in Lambertville include Marlin Steel Wire Products LLC, Sposato Landscape Co., and Fisher Auto Parts Inc.. In short, although it comes with a slightly higher cost of living than other cities in the US, Lambertville remains an ideal option for those looking to experience the charm of a small town without sacrificing modern amenities or convenience.
Lambertville has an unemployment rate of 5.9%. The US average is 6.0%.
Lambertville has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 22.4%, which is lower than the US average of 33.5%.
Tax Rates for Lambertville
- The Sales Tax Rate for Lambertville is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Lambertville 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 Lambertville
- The average income of a Lambertville resident is $53,418 a year. The US average is $28,555 a year.
- The Median household income of a Lambertville resident is $94,522 a year. The US average is $69,021 a year.