Zip 07620 (Alpine, NJ) Economy


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Alpine, New Jersey (07620) is a small borough located in Bergen County. It's known for its close proximity to New York City and its charming residential homes. In Alpine the average 2 bedroom rent is $2,580 which is significantly higher than the US average of $1,430. Furthermore, the grocery cost index in Alpine is 125 versus 100 in the US making it more expensive to purchase everyday goods than most other places.
Alpine has many local businesses to offer such as Firehouse Pizzeria & Restaurant, Bonda's Bakery & Cafe, and Ryland Inn which provide residents with delicious food options as well as employment opportunities. Additionally, there are numerous shopping centers and banks that make it easy for people to access goods and services in Alpine.
Due to its high 2 bedroom rent and inflated grocery costs, Alpine's cost of living can be considered quite high compared to other areas in the US; however those who live here enjoy its close proximity to NYC as well as its rich sense of community.

Alpine (zip 07620) has an unemployment rate of 7.4%. The US average is 6.0%.

Alpine (zip 07620) 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 Alpine (zip 07620)
- The Sales Tax Rate for Alpine (zip 07620) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Alpine (zip 07620) 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 Alpine (zip 07620)
- The average income of a Alpine (zip 07620) resident is $88,947 a year. The US average is $28,555 a year.
- The Median household income of a Alpine (zip 07620) resident is $196,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlpine, New JerseyUnited States
  7.46
  -8.2%-6.2%
  25.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $114,774$37,638
  $196,875$69,021
  $209,063$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.2%6.8%
  6.0%10.0%
  11.8%2.5%
  7.3%11.0%
  2.4%4.8%
  2.4%0.8%
  2.2%1.9%
  9.0%4.7%
  8.2%1.9%
  12.3%7.6%
  0.0%0.1%
  2.4%4.2%
  2.8%9.3%
  19.4%14.0%
  0.4%2.1%
  3.0%7.0%
  4.1%4.8%
  0.0%4.7%
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