Lacey, NJ Economy


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Lacey, NJ is a great place for people to live due to its close proximity to New York City while still offering more reasonable rent prices. The average rent for a two bedroom apartment in Lacey is $1,770, which is much lower than the national average of $1,430. Additionally, grocery costs are 4% higher in Lacey compared to the US average.
Local companies in the area range from small businesses such as Brick & Mortar Co., an independent book store that also hosts events such as author signings and knitting classes, to larger ones like Perdue Foods which has been an important employer in Lacey since 1977. Other popular local businesses include Palermo's Italian Restaurant and Diamonds Hair Salon.

Lacey has an unemployment rate of 8.3%. The US average is 6.0%.

Lacey has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Lacey
- The Sales Tax Rate for Lacey is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Lacey 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 Lacey
- The average income of a Lacey resident is $33,794 a year. The US average is $28,555 a year.
- The Median household income of a Lacey resident is $88,882 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLacey, New JerseyUnited States
  8.36
  -6.6%-6.2%
  27.6%33.5%
  6.6%6.2%
  5.5%4.6%
  $44,171$37,638
  $88,882$69,021
  $106,814$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  10.3%6.8%
  3.8%10.0%
  2.6%2.5%
  11.9%11.0%
  3.1%4.8%
  2.4%0.8%
  2.8%1.9%
  4.8%4.7%
  1.0%1.9%
  8.2%7.6%
  0.0%0.1%
  3.2%4.2%
  13.8%9.3%
  15.2%14.0%
  1.6%2.1%
  5.2%7.0%
  5.1%4.8%
  4.9%4.7%
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