Presidential Lakes Estates, NJ is an affluent neighborhood located in the southern part of New Jersey. The cost of living is higher than the US average, with an average two bedroom rent at $1,630 compared to the US average of $1,430. Grocery items also have a higher price index at 103 versus 100 for the country as a whole. Despite its high prices, the area is home to many local businesses and attractions including H & H Automotive, Presidential Pizza & Subs, and Maplewood Park Beach Club. Other popular spots include Presidential Lake Park and Heritage Hills Golf Course. There are plenty of reasons to visit Presidential Lakes Estates!
Presidential Lakes Estates has an unemployment rate of 6.4%. The US average is 6.0%.
Presidential Lakes Estates has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Presidential Lakes Estates
- The Sales Tax Rate for Presidential Lakes Estates is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Presidential Lakes Estates 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 Presidential Lakes Estates
- The average income of a Presidential Lakes Estates resident is $34,673 a year. The US average is $28,555 a year.
- The Median household income of a Presidential Lakes Estates resident is $76,534 a year. The US average is $69,021 a year.