Verona, NJ is an attractive suburb of New York City. The town offers a good quality of life and peaceful environment due to its low crime rate. 2 bedroom rent in Verona is $1,950 per month which is significantly higher than the US average of $1,430 but this can be offset by the lower grocery cost index of 107 compared to 100 in the US. Residents have access to many local businesses including Verona Trattoria for Italian food, Duffy’s Tavern for classic American fare, and Le Bonbon French patisserie for sweet treats. There are also numerous shopping malls and outlets located in the area which provide employment opportunities as well as recreation.
Verona has an unemployment rate of 9.6%. The US average is 6.0%.
Verona has seen the job market decrease by -7.3% 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 Verona
- The Sales Tax Rate for Verona is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Verona 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 Verona
- The average income of a Verona resident is $73,991 a year. The US average is $37,638 a year.
- The Median household income of a Verona resident is $141,040 a year. The US average is $69,021 a year.