Griggstown, NJ is a vibrant and growing community located near Princeton. It is known for its beautiful scenery and excellent schools. The cost of living in Griggstown is higher than the rest of the country; 2 bedroom rent averages at $2,330 compared to the US average of $1,430 and grocery cost index is 115 versus 100 in the US. \nThe town hosts many businesses such as Princeton Nurseries, Wills Eye Hospital, and The Institute for Advanced Study. In addition to these organizations, there are also many restaurants, shops, banks, local grocers, and parks all within easy reach of residents. With its convenient location near Princeton University and numerous activities to enjoy nearby, Griggstown provides a great place to live for those looking for an affordable yet vibrant community.
Griggstown has an unemployment rate of 6.3%. The US average is 6.0%.
Griggstown 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 23.7%, which is lower than the US average of 33.5%.
Tax Rates for Griggstown
- The Sales Tax Rate for Griggstown is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Griggstown 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 Griggstown
- The average income of a Griggstown resident is $53,199 a year. The US average is $28,555 a year.
- The Median household income of a Griggstown resident is $156,667 a year. The US average is $69,021 a year.