07870 Schooleys Mountain, NJ is a beautiful rural area in the Morris County of New Jersey. The median 2 bedroom rent in this area is $1,840, which is slightly higher than the US average of $1430. Grocery costs are also higher here, with a grocery cost index of 107 versus 100 in the US. Despite this increased cost of living, 07870 Schooleys Mountain has much to offer its residents.
The area is home to several successful businesses such as Schooley’s Mountain Feed and Supply, JAG Painting and Powerwashing, and Upacreek Timber Frames. Community attractions include scenic hiking trails at Wildcat Ridge Wildlife Management Area as well as Schooley's Mountain Park which provides an array of outdoor activities like fishing and picnicking. Educationally there are numerous opportunities including local schools such as Hackettstown High School and Warren Hills Regional High School plus nearby universities like Centenary University and Drew University.
Schooleys Mountain (zip 07870) has an unemployment rate of 6.2%. The US average is 6.0%.
Schooleys Mountain (zip 07870) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Schooleys Mountain (zip 07870)
- The Sales Tax Rate for Schooleys Mountain (zip 07870) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Schooleys Mountain (zip 07870) 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 Schooleys Mountain (zip 07870)
- The average income of a Schooleys Mountain (zip 07870) resident is $37,104 a year. The US average is $37,638 a year.
- The Median household income of a Schooleys Mountain (zip 07870) resident is $0 a year. The US average is $69,021 a year.