Located in Essex County, New Jersey, 07035 Lincoln Park is an affluent community with a population of around 5,000 people. The two bedroom rent in this area is $1,960 compared to the national average of $1,430. In addition, the grocery cost index here is 105 compared to 100 in the US. All these factors make 07035 Lincoln Park a great place to live and raise a family. Residents can shop at popular stores such as Target, ShopRite and Whole Foods for their daily necessities. Businesses that are based out of this zip code include Hewlett Packard Enterprise, PSE&G, and Prudential Financial. People looking for more information about living in 07035 can find it on websites like Zillow or Trulia.
Lincoln Park (zip 07035) has an unemployment rate of 6.2%. The US average is 6.0%.
Lincoln Park (zip 07035) 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 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Lincoln Park (zip 07035)
- The Sales Tax Rate for Lincoln Park (zip 07035) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Lincoln Park (zip 07035) 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 Lincoln Park (zip 07035)
- The average income of a Lincoln Park (zip 07035) resident is $35,103 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln Park (zip 07035) resident is $105,409 a year. The US average is $69,021 a year.