Rahway, NJ is a vibrant city with an array of attractions and amenities. It offers a cost of living that is slightly higher than the US overall, as evidenced by its two-bedroom rental rate of $1,680 - $250 more than the national average. Grocery costs are also slightly higher at 104 compared to 100 nationwide. In terms of local businesses, Rahway is home to companies like F&F Printing and The Empire Company. Overall, Rahway is a great place for people to live in New Jersey with plenty of job opportunities and attractions to keep you entertained.
Rahway has an unemployment rate of 8.2%. The US average is 6.0%.
Rahway 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 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Rahway
- The Sales Tax Rate for Rahway is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Rahway 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 Rahway
- The average income of a Rahway resident is $40,681 a year. The US average is $37,638 a year.
- The Median household income of a Rahway resident is $81,368 a year. The US average is $69,021 a year.