Little Falls, NJ Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Little Falls, NJ is a great place to live with plenty of opportunities and amenities. The rent for a 2 bedroom apartment in Little Falls is slightly higher than the US average, yet still affordable at $1,880 per month. Grocery costs are also slightly higher than the US average, with an index of 106 versus 100. There are plenty of local businesses and organizations to choose from. For instance, the Little Falls Library provides educational activities and events for all ages, while the Aviation Mall has an array of stores for shopping needs. Other local companies include Empire Vision Centers; Nails Pro; Little Falls Animal Hospital; and Acme Fresh Markets. With so many local activities and services available in Little Falls, NJ it's no wonder why people choose this wonderful city as their home.

Little Falls has an unemployment rate of 10.0%. The US average is 6.0%.

Little Falls has seen the job market decrease by -8.3% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.

Tax Rates for Little Falls
- The Sales Tax Rate for Little Falls is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Little Falls 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 Little Falls
- The average income of a Little Falls resident is $56,611 a year. The US average is $37,638 a year.
- The Median household income of a Little Falls resident is $108,641 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLittle Falls, New JerseyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health
Compare Little Falls, NJ
cost of living
Compare food, housing, utilities, and more in Little Falls, New Jersey to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.