Wayne, NJ is a great place to live and work. It has a variety of businesses from retail to manufacturing, from small family run companies to large corporations. It is home to several major companies such as Toys “R” Us, A&P Grocery Stores, Lexus of Wayne, and the Valley Health System. For those looking for affordable housing options two-bedroom rent in Wayne is $2120 per month which is significantly more than the US average of $1430. The grocery cost index in Wayne is higher than average too as it stands at 107 compared to the US average of 100. All these factors make living in Wayne an attractive option for anyone looking for quality living with access to amenities nearby.
Wayne has an unemployment rate of 10.0%. The US average is 6.0%.
Wayne 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 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Wayne
- The Sales Tax Rate for Wayne is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Wayne 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 Wayne
- The average income of a Wayne resident is $46,173 a year. The US average is $28,555 a year.
- The Median household income of a Wayne resident is $137,168 a year. The US average is $69,021 a year.