The town of Hopatcong, NJ (07843 zip code) is known for its lakefront living, with access to fishing spots and beaches. It is a vibrant community that offers a variety of amenities, including shops, restaurants, businesses, and entertainment venues. The 2 bedroom rental market in Hopatcong is higher than the national average at $1,740 per month compared to $1,430 nationally. Local companies in the area include Precision Fab Inc., Allied Cleaning Services LLC, and BB&D Mechanical Contractors Inc.. With such a variety of offerings in Hopatcong it is no wonder why the cost of living is higher than the US average.
Hopatcong (zip 07843) has an unemployment rate of 7.7%. The US average is 6.0%.
Hopatcong (zip 07843) has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Hopatcong (zip 07843)
- The Sales Tax Rate for Hopatcong (zip 07843) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hopatcong (zip 07843) 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 Hopatcong (zip 07843)
- The average income of a Hopatcong (zip 07843) resident is $44,435 a year. The US average is $37,638 a year.
- The Median household income of a Hopatcong (zip 07843) resident is $97,670 a year. The US average is $69,021 a year.