Jackson, NJ is an exciting place to live thanks to its convenience and diverse offerings. The average 2 bedroom rent in Jackson is slightly higher than the US average at $1,590 compared to $1,430. Grocery costs are also higher in Jackson with an index of 106 versus 100 nationally—but this provides great opportunity for local businesses. Jackson has a number of well-known companies such as Shop Rite Supermarkets, Lakeland Bank and United Parcel Service (UPS). The town also features a vibrant nightlife with popular bars and restaurants like Jack's Goal Line Stand and Settimo Cielo. With all these amenities, it's easy to see why so many people choose to call Jackson home.
Jackson has an unemployment rate of 6.8%. The US average is 6.0%.
Jackson has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Jackson
- The Sales Tax Rate for Jackson is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Jackson 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 Jackson
- The average income of a Jackson resident is $42,473 a year. The US average is $37,638 a year.
- The Median household income of a Jackson resident is $100,759 a year. The US average is $69,021 a year.