Nutley, NJ is a small city located in Essex County. It is known for its safe neighborhoods and family-friendly atmosphere. The cost of living in Nutley is higher than most areas in the US; two bedroom rent costs an average of $1,730 as compared to the US average of $1,430. Additionally, grocery costs are 6 points higher with an index of 106 versus 100 for the United States. Nutley has grown exponentially over the past few decades with an influx of local businesses such as Nutley Lumber Company, Nutley Sporting Goods, and G & R Tire Supply. Residents take pride in calling this home due to its low crime rate and diverse amenities.
Nutley has an unemployment rate of 9.6%. The US average is 6.0%.
Nutley has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.
Tax Rates for Nutley
- The Sales Tax Rate for Nutley is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Nutley 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 Nutley
- The average income of a Nutley resident is $52,538 a year. The US average is $37,638 a year.
- The Median household income of a Nutley resident is $105,000 a year. The US average is $69,021 a year.