West Milford, NJ, with a zip code of 07480 has plenty to offer its residents. Two bedroom rent in West Milford is $2,020 a month, which is slightly more than the US average of $1,430. When it comes to grocery costs, West Milford has a Grocery Cost Index of 104 versus 100 in the US. This means that groceries here are 4% more expensive than average in the US.
West Milford boasts some great local companies such as BAE Systems Information Solutions and Services Company Inc., TruGreen Lawn Care Inc., and Drive Medical Design & Manufacturing LLC. These companies are all thriving in West Milford due to its highly educated population and supportive business climate. The median household income for this borough is around $90,828 according to the US Census Bureau. Overall, West Milford provides its residents with a good quality of life at an affordable price.
West Milford (zip 07480) has an unemployment rate of 10.0%. The US average is 6.0%.
West Milford (zip 07480) 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 21.7%, which is lower than the US average of 33.5%.
Tax Rates for West Milford (zip 07480)
- The Sales Tax Rate for West Milford (zip 07480) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for West Milford (zip 07480) 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 West Milford (zip 07480)
- The average income of a West Milford (zip 07480) resident is $38,916 a year. The US average is $28,555 a year.
- The Median household income of a West Milford (zip 07480) resident is $95,521 a year. The US average is $69,021 a year.