Yorketown, NJ is a great place to live with plenty of job opportunities, shopping centers and restaurants. It has a population of around 10,000 people and its 2 bedroom rent is $1,730 which is higher than the national average of $1,430. The cost of groceries in Yorketown is also higher as it has an index score of 107 compared to 100 in the US. There are many local companies that contribute significantly to the economy such as PNC Bank, Sunrise Bakery & Cafe, and Yorketown Auto Repair. Despite the higher than average rent and grocery costs, Yorketown is known for its overall affordable cost of living which makes it a great place to live.
Yorketown has an unemployment rate of 6.8%. The US average is 6.0%.
Yorketown has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Yorketown
- The Sales Tax Rate for Yorketown is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Yorketown 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 Yorketown
- The average income of a Yorketown resident is $42,831 a year. The US average is $28,555 a year.
- The Median household income of a Yorketown resident is $146,116 a year. The US average is $69,021 a year.