Bergenfield, NJ is an attractive place to live for many due to its close proximity to New York City. Rent prices for a two bedroom apartment in Bergenfield is around $1,770 per month which is higher than the US average or $1,430. The cost of living index in Bergenfield is also high at 106 compared to the US average of 100. This means that groceries and other goods are more expensive than in other parts of the country. That said, Bergenfield is known for having many local businesses including restaurants, cafes and stores such as Bagel Boss and Applegate Farms. It’s also known for its great schools and community events that bring people together throughout the year.
Bergenfield has an unemployment rate of 7.1%. The US average is 6.0%.
Bergenfield has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Bergenfield
- The Sales Tax Rate for Bergenfield is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Bergenfield 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 Bergenfield
- The average income of a Bergenfield resident is $32,853 a year. The US average is $28,555 a year.
- The Median household income of a Bergenfield resident is $111,851 a year. The US average is $69,021 a year.