Zip 07039 (Livingston, NJ) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Livingston, NJ, zip code 07039 is a great place to live. It has all of the modern amenities and a vibrant local economy. The two bedroom rent in Livingston is $2,380, which is significantly higher than the national average of $1,430. In addition to housing costs being high in Livingston, the cost of groceries are also quite expensive with the Grocery Cost Index at 109 versus 100 in the US. Despite these costs living in Livingston can be beneficial due to some of its larger companies such as Suburban Propane which is a major home heating fuel supplier and Active International which provides corporate trading solutions for businesses. Additionally there are many smaller businesses located throughout town such as cafes, boutiques and salons that help contribute to its overall character. Thus, while living in Livingston may not be cheap it does offer a unique lifestyle experience with many local development options.

Livingston (zip 07039) has an unemployment rate of 5.3%. The US average is 6.0%.

Livingston (zip 07039) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.

Tax Rates for Livingston (zip 07039)
- The Sales Tax Rate for Livingston (zip 07039) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Livingston (zip 07039) 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 Livingston (zip 07039)
- The average income of a Livingston (zip 07039) resident is $60,288 a year. The US average is $28,555 a year.
- The Median household income of a Livingston (zip 07039) resident is $176,991 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLivingston, New JerseyUnited States
  5.36
  -7.3%-6.2%
  24.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $81,298$37,638
  $176,991$69,021
  $218,525$85,028
  Population by Occupation
  0.1%1.2%
  0.1%0.5%
  3.4%6.8%
  7.9%10.0%
  3.4%2.5%
  6.9%11.0%
  1.4%4.8%
  0.1%0.8%
  4.4%1.9%
  14.6%4.7%
  3.1%1.9%
  19.7%7.6%
  0.1%0.1%
  2.1%4.2%
  10.4%9.3%
  13.2%14.0%
  1.3%2.1%
  3.1%7.0%
  3.2%4.8%
  1.5%4.7%
Health