Oldmans, NJ is a small rural town located in the northern part of the state. It's known for its quiet atmosphere and tight-knit community. The cost of living in Oldmans is slightly higher than the average US cities due to the higher 2 bedroom rent at $1,730 per month, as well as a slightly elevated grocery cost index of 103 compared to the US standard which is 100. Despite this, there are many local businesses that have made their home here including Oldman's Fish Shack, Riverwood Farms, and The Biggest Popcorn Company. These businesses provide employment opportunities in a safe and friendly environment for locals and visitors alike.
Oldmans has an unemployment rate of 8.5%. The US average is 6.0%.
Oldmans has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 16.8%, which is lower than the US average of 33.5%.
Tax Rates for Oldmans
- The Sales Tax Rate for Oldmans is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Oldmans 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 Oldmans
- The average income of a Oldmans resident is $35,480 a year. The US average is $28,555 a year.
- The Median household income of a Oldmans resident is $102,969 a year. The US average is $69,021 a year.