equestId":"2d48f9a8-22a8-4b99-8275-c719cad153c0","resource":"content","data":[{"id":"txt_ec3d33449d4846938161598071768d1c","text":" that you know of\nMillstone Borough, NJ is a small suburb located in central New Jersey. It is known for its peaceful atmosphere and vibrant community. The cost of living in Millstone Borough is higher than the US average, with two bedroom rents costing $2,260 compared to the US average of $1,430. Additionally, the grocery cost index in Millstone Borough is 107 compared to 100 in the US. There are many local companies based in Millstone Borough such as Merck & Co., Bristol-Myers Squibb and Princeton University Press. These businesses bring job opportunities and economic growth to the area while providing a unique cultural presence.
Millstone has an unemployment rate of 6.3%. The US average is 6.0%.
Millstone 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 23.7%, which is lower than the US average of 33.5%.
Tax Rates for Millstone
- The Sales Tax Rate for Millstone is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Millstone 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 Millstone
- The average income of a Millstone resident is $37,101 a year. The US average is $28,555 a year.
- The Median household income of a Millstone resident is $123,944 a year. The US average is $69,021 a year.