Montgomery, NJ is an attractive place to live due to its close proximity to major cities and its numerous amenities. The town is home to many businesses including Montgomery Performing Arts Center, Montgomery Medical Center, and Montgomery Country Club. It's a vibrant community with plenty of activities for residents of all ages. The area has a high-end grocery store that offers organic produce at competitive prices. The 2 bedroom rent rate in the town is slightly higher than the US average but still very affordable at $2,460 per month. With its strong job market and plethora of activities, Montgomery NJ is the perfect place to call home.
Montgomery has an unemployment rate of 6.3%. The US average is 6.0%.
Montgomery has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.
Tax Rates for Montgomery
- The Sales Tax Rate for Montgomery is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Montgomery 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 Montgomery
- The average income of a Montgomery resident is $61,671 a year. The US average is $28,555 a year.
- The Median household income of a Montgomery resident is $196,857 a year. The US average is $69,021 a year.