Roselle, NJ Economy


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Roselle, NJ is an attractive city located just outside of New York City. It's known for its diverse population, vibrant culture, and excellent schools. Businesses like Amazon, JP Morgan Chase, and CitiGroup have all established offices in Roselle. Residents enjoy easy access to transportation hubs as well as cultural attractions such as the historical Abraham Staats House and the Spooky Brook Golf Course. The cost of living in Roselle is slightly higher than that of the US overall, with a 2 Bedroom Rent estimated at $1,490 compared to $1,430 nationwide. Grocery Cost Index in Roselle is 103 versus 100 in the US as well. Despite higher costs of living compared to national averages, many people find that Roselle's quality of life more than makes up for it.

Roselle has an unemployment rate of 8.0%. The US average is 6.0%.

Roselle has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Roselle
- The Sales Tax Rate for Roselle is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Roselle 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 Roselle
- The average income of a Roselle resident is $23,215 a year. The US average is $28,555 a year.
- The Median household income of a Roselle resident is $68,369 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRoselle, New JerseyUnited States
  86
  -7.3%-6.2%
  22.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $31,523$37,638
  $68,369$69,021
  $76,189$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.3%6.8%
  6.3%10.0%
  1.8%2.5%
  14.2%11.0%
  15.1%4.8%
  0.8%0.8%
  1.8%1.9%
  4.1%4.7%
  1.2%1.9%
  3.1%7.6%
  0.2%0.1%
  3.4%4.2%
  10.6%9.3%
  16.0%14.0%
  0.9%2.1%
  6.1%7.0%
  4.5%4.8%
  5.6%4.7%
Reviews for Roselle
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Have only lived in Roselle for about 3 years now. Have to say overall town is pretty good. Not much in the form of work in town but commuting is easy to other work  More

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