Vernon, NJ Economy


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Vernon, NJ is a small town located in Sussex County, New Jersey. It is home to many businesses and attractions such as the Mountain Creek Resort, where visitors can enjoy skiing and snowboarding in the winter. Crayola Experience Easton, an interactive factory and museum for children of all ages is located here as well. There are also several local restaurants and stores including The Little Store of Vernon which sells fresh produce, meat, dairy products, and other local goods. Additionally, there are a few high-end shops such as Sunglass Hut at the Rockaway Mall that cater to visitors looking for luxury items. For those looking for affordable housing options, 2 bedroom rent in Vernon is around $1,640 per month - slightly more than the average US rent of $1,430 per month - but still relatively affordable considering its close proximity to New York City. The Grocery Cost Index in Vernon is also slightly higher than the US average at 102 versus 100 respectively.

Vernon has an unemployment rate of 8.6%. The US average is 6.0%.

Vernon 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 20.9%, which is lower than the US average of 33.5%.

Tax Rates for Vernon
- The Sales Tax Rate for Vernon is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Vernon 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 Vernon
- The average income of a Vernon resident is $34,880 a year. The US average is $28,555 a year.
- The Median household income of a Vernon resident is $104,136 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVernon, New JerseyUnited States
  8.66
  -7.2%-6.2%
  20.9%33.5%
  6.6%6.2%
  5.5%4.6%
  $49,093$37,638
  $104,136$69,021
  $113,800$85,028
  Population by Occupation
  0.7%1.2%
  0.6%0.5%
  9.3%6.8%
  10.8%10.0%
  1.6%2.5%
  11.5%11.0%
  2.8%4.8%
  0.6%0.8%
  2.0%1.9%
  3.9%4.7%
  2.5%1.9%
  10.1%7.6%
  0.2%0.1%
  3.7%4.2%
  10.6%9.3%
  10.7%14.0%
  2.3%2.1%
  5.4%7.0%
  5.6%4.8%
  4.9%4.7%
Reviews for Vernon
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Over 17 years ago

For those of you who have an above-median salary, and don't mind commuting BY CAR for employment & university education, Vernon is the place for you. If you like to play  More

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