Mountainside, NJ is a great place to live with plenty of advantages. The rent for two bedroom homes is slightly higher than the national average at $2,450, but this is offset by the low cost of living. Grocery prices in Mountainside are 9% higher than the US average, but overall it's still relatively affordable. The economy in Mountainside is strong due to a variety of local businesses such as Mountain Health Foods, IGA Supermarket and Country Bank of New Jersey. These companies provide employment opportunities and help boost the local economy. There is also a vibrant arts and culture scene in Mountainside, making it an ideal place to call home.
Mountainside has an unemployment rate of 8.0%. The US average is 6.0%.
Mountainside 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 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Mountainside
- The Sales Tax Rate for Mountainside is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Mountainside 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 Mountainside
- The average income of a Mountainside resident is $69,278 a year. The US average is $28,555 a year.
- The Median household income of a Mountainside resident is $133,365 a year. The US average is $69,021 a year.