Wharton, NJ (07885) is a great place to call home. Located in Morris County, Wharton offers residents a variety of local attractions and amenities to enjoy. Two bedroom rent in the area averages around $1,950 per month, which is slightly more than the national average of $1,430 per month. The area boasts a grocery cost index of 104 compared to the US average of 100 indicating that groceries are more affordable here than most other parts of the country.
Wharton boasts of several businesses such as Top Cut Lawn Care & Landscaping LLC, D&K Auto Repair & Towing Inc., and Oakes Glass Service that provide excellent services for locals. Additionally, there are plenty of recreational activities nearby including golfing at Copper Hill Country Club and fishing at Old Homestead Lake Park. With its affordability and proximity to many attractions Wharton makes an ideal location for those looking to settle down in New Jersey.
Wharton (zip 07885) has an unemployment rate of 6.2%. The US average is 6.0%.
Wharton (zip 07885) 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 Wharton (zip 07885)
- The Sales Tax Rate for Wharton (zip 07885) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Wharton (zip 07885) 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 Wharton (zip 07885)
- The average income of a Wharton (zip 07885) resident is $46,344 a year. The US average is $37,638 a year.
- The Median household income of a Wharton (zip 07885) resident is $95,603 a year. The US average is $69,021 a year.