South Orange Village, NJ is a great place to live and work. Located in Essex County, the area has beautiful scenery and plenty of amenities for its residents. It's average 2 bedroom rent is $2,320 which is slightly higher than the US average of $1,430. The grocery cost index in South Orange village is a 110 versus 100 in the US making it a great place to save some money on groceries. Popular employers include Stevens Institute of Technology, Seton Hall University School of Law and Saint Barnabas Medical Center. South Orange Village also boasts many shops and restaurants such as The Fox & Falcon Pub & Grill, Marley’s Gotham Grill and Cheeseburger in Paradise. With so much to offer, there's no doubt that South Orange Village will remain an attractive destination for those seeking employment and housing opportunities.
South Orange Village has an unemployment rate of 9.6%. The US average is 6.0%.
South Orange Village 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 20.9%, which is lower than the US average of 33.5%.
Tax Rates for South Orange Village
- The Sales Tax Rate for South Orange Village is 6.6%. The US average is 7.3%.
- The Income Tax Rate for South Orange Village 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 Orange Village
- The average income of a South Orange Village resident is $52,020 a year. The US average is $28,555 a year.
- The Median household income of a South Orange Village resident is $160,366 a year. The US average is $69,021 a year.