Mendham, NJ is a vibrant community located in the state of New Jersey. It is known for its scenic views and proximity to major cities, such as New York City. The two-bedroom rent in Mendham is $2,020, which is significantly higher than the US average of $1,430. Additionally, grocery cost index in Mendham is 110 versus 100 in the US. In Mendham there are many great local companies and services such as A Better Way Home Care Services providing excellent home care services or Signature Kitchens & Baths offering quality kitchen remodeling solutions. There are also many popular restaurants, including The Tavern at Chester Springs and The Black Horse Pub & Grille. With these businesses and more, Mendham provides an exciting lifestyle for its residents.
Mendham township has an unemployment rate of 6.2%. The US average is 6.0%.
Mendham township has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Mendham township
- The Sales Tax Rate for Mendham township is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Mendham township 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 Mendham township
- The average income of a Mendham township resident is $120,555 a year. The US average is $37,638 a year.
- The Median household income of a Mendham township resident is $219,135 a year. The US average is $69,021 a year.