Park Ridge, NJ (07656) is an affluent suburb of the New York City metropolitan area. The average rent for a 2 bedroom apartment in Park Ridge is $1,910, higher than the national average of $1,430. Grocery cost index for Park Ridge is 108 compared to 100 in the US. There are many local businesses that contribute to the economy of Park Ridge - Chevron gas station, Park Ridge Center Pharmacy, and Robert's Deli & Grill are just a few of them. Other well-known companies include PSE&G, Remax Real Estate Group and Residence Inn by Marriott Hotels. With its great location and excellent infrastructure, this town is a great place to live and work.
Park Ridge (zip 07656) has an unemployment rate of 7.4%. The US average is 6.0%.
Park Ridge (zip 07656) 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 Park Ridge (zip 07656)
- The Sales Tax Rate for Park Ridge (zip 07656) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Park Ridge (zip 07656) 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 Park Ridge (zip 07656)
- The average income of a Park Ridge (zip 07656) resident is $65,488 a year. The US average is $37,638 a year.
- The Median household income of a Park Ridge (zip 07656) resident is $168,269 a year. The US average is $69,021 a year.