Waldwick, NJ is a small town located in Bergen County, offering its residents an escape from city life. The town offers a lower cost of living than the US average, with a two bedroom rental rate of $2,390 and grocery cost index of 107 as compared to 100 nationally. Residents can enjoy natural beauty and outdoor activities at the nearby Ramapo Reservation, or have fun at Adventureland Amusement Park. Waldwick also has plenty of shopping opportunities at local stores such as Bed Bath & Beyond or jewelry store J&J Jewelers. With its convenient access to New York City and excellent quality of life, Waldwick makes for an ideal place to live.
Waldwick has an unemployment rate of 7.4%. The US average is 6.0%.
Waldwick 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 Waldwick
- The Sales Tax Rate for Waldwick is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Waldwick 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 Waldwick
- The average income of a Waldwick resident is $44,201 a year. The US average is $28,555 a year.
- The Median household income of a Waldwick resident is $132,315 a year. The US average is $69,021 a year.