Erma, NJ is a vibrant community with lots of great opportunities for its residents. It offers a wide range of housing options to choose from and 2 bedroom rent in Erma is reasonably priced at $1,490 compared to the US 2 Bedroom Rent which is $1,430. The grocery cost index in Erma is 108 compared to 100 in the US, making it very affordable for residents to purchase food items. There are many local companies in Erma that offer goods and services such as Crafty Corner’s Bakery, CarEx Auto Repair Garage and GardenAll Landscaping Services. Residents can also find a variety of local stores such as John’s Grocery Store, Joy's Fashion Boutique and Dan’s Hardware Store where they can purchase their daily needs.
Erma has an unemployment rate of 12.5%. The US average is 6.0%.
Erma has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.
Tax Rates for Erma
- The Sales Tax Rate for Erma is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Erma 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 Erma
- The average income of a Erma resident is $37,094 a year. The US average is $28,555 a year.
- The Median household income of a Erma resident is $92,803 a year. The US average is $69,021 a year.