Pompton Lakes, NJ is a vibrant city in Passaic County. Located just a short drive away from New York City, this charming town offers its residents plenty of opportunity and amenities. From the great schools to the rich selection of restaurants and shopping centers, Pompton Lakes has something for everyone. Local companies include Boyd's Electrical Supply Inc., Denville Diagnostic Imaging Center, North Jersey Cardiology Associates, and Pinnacle Bancorp. Rent for a two bedroom apartment in Pompton Lakes is around $1,940 while the US two bedroom rent averages at $1,430 on average. Additionally; the Grocery Cost Index in Pompton Lakes is 105 versus 100 in the US. With so much to offer, it’s no wonder why so many people call Pompton Lakes home!
Pompton Lakes has an unemployment rate of 10.0%. The US average is 6.0%.
Pompton Lakes has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Pompton Lakes
- The Sales Tax Rate for Pompton Lakes is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Pompton Lakes 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 Pompton Lakes
- The average income of a Pompton Lakes resident is $36,231 a year. The US average is $28,555 a year.
- The Median household income of a Pompton Lakes resident is $100,906 a year. The US average is $69,021 a year.