Lodi, NJ (07644) has a population of 24,136 and is home to several well-known companies such as Konica Minolta Business Solutions USA, Inc., Radwell International, and DeVry University. The 2 Bedroom rent in this area is approximately $1,760 per month while the average for the US is roughly $1,430. Additionally, grocery costs are slightly higher than the US average with an index of 106 versus 100 in the US. All combined, this area offers residents a slightly higher cost of living than most other areas in the United States.
Lodi (zip 07644) has an unemployment rate of 7.4%. The US average is 6.0%.
Lodi (zip 07644) has seen the job market decrease by -8.2% 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 Lodi (zip 07644)
- The Sales Tax Rate for Lodi (zip 07644) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Lodi (zip 07644) 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 Lodi (zip 07644)
- The average income of a Lodi (zip 07644) resident is $35,938 a year. The US average is $37,638 a year.
- The Median household income of a Lodi (zip 07644) resident is $70,821 a year. The US average is $69,021 a year.