Hightstown, NJ is a small borough located in central New Jersey that offers an array of amenities for its residents. The 2 bedroom rent in Hightstown is $1,850 which is significantly higher than the US average of $1,430. In addition, the Grocery Cost Index in Hightstown is 106 versus 100 in the US so groceries can be quite expensive depending on where you shop. The borough boasts several local companies such as Gensco Inc., which specializes in industrial automation products and repair services; Smith-Brown & Associates, which offers healthcare consulting solutions; and Job Hound Solutions, which provides staffing solutions to businesses in the area. Local businesses like these provide essential services to the community and are an integral part of Hightstown's economic success.
Hightstown has an unemployment rate of 6.2%. The US average is 6.0%.
Hightstown has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.
Tax Rates for Hightstown
- The Sales Tax Rate for Hightstown is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hightstown 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 Hightstown
- The average income of a Hightstown resident is $36,963 a year. The US average is $28,555 a year.
- The Median household income of a Hightstown resident is $91,875 a year. The US average is $69,021 a year.