Roseland, NJ is an attractive neighborhood with a variety of restaurants, shopping centers, and other businesses. The two bedroom rent is some $1,040 more than the US average, but this reflects the area's higher cost of living. For example, the grocery cost index in Roseland is 8% higher than the US average. Local companies that have set up shop in Roseland include Stop & Shop Supermarket, Target Department Store, and BJ's Wholesale Club. The area also features multiple small businesses including cafes and clothing stores. There are plenty of activities to enjoy such as walking trails and parks to explore. Roseland offers something for everyone!
Roseland has an unemployment rate of 9.6%. The US average is 6.0%.
Roseland has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.
Tax Rates for Roseland
- The Sales Tax Rate for Roseland is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Roseland 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 Roseland
- The average income of a Roseland resident is $61,720 a year. The US average is $28,555 a year.
- The Median household income of a Roseland resident is $145,994 a year. The US average is $69,021 a year.