South Hackensack, NJ is located in Bergen County and is a suburb of New York City. This small municipality offers plenty of convenience to its residents as it is home to various companies and organizations such as South Hackensack Police Department, South Hackensack Fire Department, South Hackensack Public Library, and Allendale Pest Control. There are also several local restaurants like Colosseo Italian Restaurant & Pizzeria, Burger King, and Jersey Mike's Subs.
Residents of South Hackensack benefit from various advantages that the city has to offer. One advantage is the low cost of living. The average 2 bedroom rent in South Hackensack is $2,050 while the US average for the same size rental unit is $1,430; this means that the cost of living in South Hackensack can be significantly lower than other areas. Another advantage of South Hackensack is the Grocery Cost Index which stands at 106 versus 100 in the US; this indicates that groceries may be slightly more expensive but still relatively affordable considering the area's proximity to New York City.
South Hackensack has an unemployment rate of 7.4%. The US average is 6.0%.
South Hackensack has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.
Tax Rates for South Hackensack
- The Sales Tax Rate for South Hackensack is 6.6%. The US average is 7.3%.
- The Income Tax Rate for South Hackensack 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 South Hackensack
- The average income of a South Hackensack resident is $30,617 a year. The US average is $28,555 a year.
- The Median household income of a South Hackensack resident is $89,911 a year. The US average is $69,021 a year.