Washington borough, NJ is a small town located in Morris County. It has a population of around 2,000 people and offers a peaceful lifestyle for its residents. The median rent for two-bedroom apartments is $1,660 compared to the US national average of $1,430. Additionally, the cost of groceries here is higher than the US average at 104 versus 100.
Washington borough also offers many amenities nearby for its residents. There are several local businesses such as Washington Plaza Deli & Catering, All Senior Care Network LLC and Saralee’s Bakery that cater to the needs of locals. The town also serves as the home base for Washington Auto Parts Inc., which employs many locals and provides quality car parts. In addition to these businesses, there are plenty of shops and restaurants that offer a variety of goods and services to visitors and locals alike.
Washington borough has an unemployment rate of 7.0%. The US average is 6.0%.
Washington borough has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Washington borough
- The Sales Tax Rate for Washington borough is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Washington borough 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 Washington borough
- The average income of a Washington borough resident is $27,079 a year. The US average is $28,555 a year.
- The Median household income of a Washington borough resident is $63,183 a year. The US average is $69,021 a year.