The 07645 Montvale NJ area is an ideal place to live for those looking for affordable rent. The average 2 bedroom rent in the area is $2,210, which is significantly lower than the US average of $1,430. Furthermore, the cost of groceries in the area is 109 compared to 100 in the US, making it an even more attractive living option.
Some of the local companies include SAP America Inc., Goya Foods Inc., and Hackensack University Medical Center. These businesses not only offer job opportunities but also contribute to the community’s economic growth. Those interested in learning more about this community can find resources online such as the Montvale Chamber of Commerce website (montvalechamberofcommerce.com).
Montvale (zip 07645) has an unemployment rate of 7.4%. The US average is 6.0%.
Montvale (zip 07645) 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 Montvale (zip 07645)
- The Sales Tax Rate for Montvale (zip 07645) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Montvale (zip 07645) 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 Montvale (zip 07645)
- The average income of a Montvale (zip 07645) resident is $47,337 a year. The US average is $28,555 a year.
- The Median household income of a Montvale (zip 07645) resident is $163,170 a year. The US average is $69,021 a year.