Zip 07628 (Dumont, NJ) Economy


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Dumont, NJ (07628) is an amazing place to call home. It has a small town feel with easy access to big city amenities. The 2 Bedroom rent in Dumont is $1,690 which is slightly higher than the national average of $1,430. In addition, grocery prices here tend to be 6% more expensive than the US average making it an affordable place to live.
The climate in Dumont, NJ is mild with four distinct seasons. Summers are hot and humid while winters tend to be cold and snowy. This makes it a great place for outdoor activities like skiing or hiking all year round.
Local businesses include Family Video, Dunkin Donuts and Dollar Tree as well as many other small businesses that offer unique services and products. The local economy provides plenty of job opportunities for its residents and the community works together to make sure all their needs are met.

Dumont (zip 07628) has an unemployment rate of 7.4%. The US average is 6.0%.

Dumont (zip 07628) 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 Dumont (zip 07628)
- The Sales Tax Rate for Dumont (zip 07628) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Dumont (zip 07628) 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 Dumont (zip 07628)
- The average income of a Dumont (zip 07628) resident is $37,553 a year. The US average is $28,555 a year.
- The Median household income of a Dumont (zip 07628) resident is $108,333 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDumont, New JerseyUnited States
  7.46
  -8.2%-6.2%
  25.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $49,775$37,638
  $108,333$69,021
  $125,853$85,028
  Population by Occupation
  0.0%1.2%
  0.1%0.5%
  6.2%6.8%
  7.0%10.0%
  3.1%2.5%
  10.6%11.0%
  4.5%4.8%
  0.6%0.8%
  3.3%1.9%
  8.4%4.7%
  1.0%1.9%
  8.4%7.6%
  0.2%0.1%
  2.3%4.2%
  12.4%9.3%
  18.3%14.0%
  2.2%2.1%
  3.6%7.0%
  3.7%4.8%
  3.9%4.7%
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