Long Valley, NJ is a small town located close to New Jersey's capital city of Trenton. It is known for its vibrant local businesses and peaceful small-town atmosphere. The average two bedroom rent in Long Valley is $2,370 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Long Valley stands at 107 compared to 100 nationally. Some of the local companies include historic farms like Hacklebarney Farm Cider Mill which offers fresh apple cider and fruit picking experiences as well as craft breweries such as Fairfield Craft Ales and Brix City Brewing. All these businesses contribute to make Long Valley an ideal place for residents seeking an inviting hometown experience.
Long Valley has an unemployment rate of 6.2%. The US average is 6.0%.
Long Valley has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Long Valley
- The Sales Tax Rate for Long Valley is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Long Valley 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 Long Valley
- The average income of a Long Valley resident is $47,831 a year. The US average is $37,638 a year.
- The Median household income of a Long Valley resident is $89,029 a year. The US average is $69,021 a year.