Roselle Park, NJ is a great place to call home. The cost of living in this borough is very reasonable thanks to the two bedroom rent being just $1,490 compared to the US average of $1,430. Additionally, the grocery cost index here is 105 versus 100 in the US, making it a slightly more expensive place to buy food. However, local businesses such as Roselle Park Auto Inc., Florio & Son Bakery, and Signature Seafood are all popular spots that offer affordable prices for quality products and services. Overall, Roselle Park provides a great balance between having access to amenities while still providing an affordable cost of living.
Roselle Park has an unemployment rate of 8.0%. The US average is 6.0%.
Roselle Park 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 Park
- The Sales Tax Rate for Roselle Park is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Roselle Park 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 Park
- The average income of a Roselle Park resident is $30,834 a year. The US average is $28,555 a year.
- The Median household income of a Roselle Park resident is $85,427 a year. The US average is $69,021 a year.