Highland Lakes, NJ is a beautiful small town located in the heart of the New Jersey countryside. The town offers an idyllic lifestyle with plenty of outdoor activities to explore and enjoy. The area is well known for its many lakes, providing breathtaking views as well as a wonderful opportunity for water-related activities. There are also various local businesses in Highland Lakes such as Smith's Grocery Store, Beecroft's Bakery, and Lakeview Antiques that provide residents with all the necessities. Living in Highland Lakes has many benefits including lower rent costs than the US average at $1,670 per month for a two bedroom rental, lower grocery expenses with a cost index of 102 versus 100 in the US, and villagers have access to picturesque vistas and lush nature trails.
Highland Lakes has an unemployment rate of 7.7%. The US average is 6.0%.
Highland Lakes 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 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Highland Lakes
- The Sales Tax Rate for Highland Lakes is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Highland Lakes 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 Highland Lakes
- The average income of a Highland Lakes resident is $31,254 a year. The US average is $28,555 a year.
- The Median household income of a Highland Lakes resident is $113,915 a year. The US average is $69,021 a year.