Little Ferry, NJ Economy


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Little Ferry, NJ is an affluent town located in Bergen County. It is a small town with a population of 10,000 people. Despite its size, Little Ferry offers many benefits to its residents. 2 Bedroom Rent in Little Ferry, NJ is more expensive than the US average at $1,680 as opposed to $1,430. The Grocery Cost Index in Little Ferry is also higher than the US average of 100 - it stands at 105. Living in Northern New Jersey has many advantages; proximity to New York City and other large cities makes for an ideal location for businesses and local enterprises. Some popular local businesses include Casa Bella Pizza & Restaurant, Garden State Bagel Company, and Granatelli Motorsports.

Little Ferry has an unemployment rate of 7.4%. The US average is 6.0%.

Little Ferry has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.

Tax Rates for Little Ferry
- The Sales Tax Rate for Little Ferry is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Little Ferry 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 Little Ferry
- The average income of a Little Ferry resident is $33,286 a year. The US average is $28,555 a year.
- The Median household income of a Little Ferry resident is $77,368 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLittle Ferry, New JerseyUnited States
  Population by Occupation
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