Ramblewood, NJ is a vibrant and growing community located in the suburbs of Northern New Jersey. It is home to several well-known companies such as Bed Bath & Beyond, ShopRite, and GNC. The cost of living in Ramblewood is higher than the national average due to its higher 2 bedroom rent rate of $1,910 a month versus the US average of $1,430. Additionally, the Grocery Cost Index in Ramblewood is 105 compared to 100 for the US as a whole. People from all walks of life enjoy living in Ramblewood due to its many amenities and job opportunities at local businesses.
Ramblewood has an unemployment rate of 6.4%. The US average is 6.0%.
Ramblewood 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 Ramblewood
- The Sales Tax Rate for Ramblewood is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Ramblewood 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 Ramblewood
- The average income of a Ramblewood resident is $41,311 a year. The US average is $28,555 a year.
- The Median household income of a Ramblewood resident is $103,587 a year. The US average is $69,021 a year.