Highland Park, NJ is a beautiful city located in Middlesex County. The area is home to a diverse population and features a variety of local companies. The two-bedroom rent in Highland Park is around $1,810, which is slightly higher than the national rate of $1,430. Additionally, the grocery cost index in Highland Park is 105 compared to 100 nationally. Notable companies located in Highland Park are Johnson & Johnson, Panasonic Corporation of North America and Hub Concrete Products Inc. Along with these large employers, there are many unique small businesses which offer great products and services. The area offers plenty of outdoor activities including parks, golf courses and trails which provide ample opportunities for leisure activities. There are also many cultural institutions such as museums and theaters that provide entertainment for all ages. Highalnd Park offers its residents the perfect combination of big-city amenities and small-town charm.
Highland Park (zip 08904) has an unemployment rate of 6.9%. The US average is 6.0%.
Highland Park (zip 08904) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Highland Park (zip 08904)
- The Sales Tax Rate for Highland Park (zip 08904) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Highland Park (zip 08904) 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 Highland Park (zip 08904)
- The average income of a Highland Park (zip 08904) resident is $50,119 a year. The US average is $37,638 a year.
- The Median household income of a Highland Park (zip 08904) resident is $85,652 a year. The US average is $69,021 a year.