Cliffwood, NJ 07721 is an ideal place to live with a relatively low cost of living. The 2 bedroom rent in Cliffwood stands at $1,540 compared to the US average of $1,430. In addition, the Grocery Cost Index for Cliffwood is 104 versus the 100 US average. There are plenty of local businesses in Cliffwood for its residents. A few notable ones include Stop & Shop Supermarket, which offers affordable groceries; and Bayshore Lanes Bowling Alley, where patrons can enjoy bowling at discounted rates. Other companies in the area include Village Pub and Grill, which serves delicious pub fare; and P.C. Richard & Son Appliance Store, which offers a range of home appliances at reasonable prices. All in all, Cliffwood's cost of living makes it a great place to call home for families and young professionals alike.
Cliffwood (zip 07721) has an unemployment rate of 6.8%. The US average is 6.0%.
Cliffwood (zip 07721) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Cliffwood (zip 07721)
- The Sales Tax Rate for Cliffwood (zip 07721) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Cliffwood (zip 07721) 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 Cliffwood (zip 07721)
- The average income of a Cliffwood (zip 07721) resident is $46,666 a year. The US average is $37,638 a year.
- The Median household income of a Cliffwood (zip 07721) resident is $107,009 a year. The US average is $69,021 a year.