Princeton Meadows, NJ is a great place to live. It is an affluent area with a variety of businesses to choose from. Local companies include Amazon, Home Depot, Safeway, and National Retailers. The cost of living in Princeton Meadows is relatively high with rent for 2 bedrooms priced at $2,200 per month which is significantly higher than the US average of $1,430. Grocery costs are also approximately 7% higher in Princeton Meadows compared to the national average. Despite its high cost of living, Princeton Meadows offers residents plenty of convenience and services that make it an attractive option for families and professionals alike.
Princeton Meadows has an unemployment rate of 6.9%. The US average is 6.0%.
Princeton Meadows has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Princeton Meadows
- The Sales Tax Rate for Princeton Meadows is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Princeton Meadows 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 Princeton Meadows
- The average income of a Princeton Meadows resident is $44,056 a year. The US average is $28,555 a year.
- The Median household income of a Princeton Meadows resident is $112,205 a year. The US average is $69,021 a year.