Allentown, NJ 08501 is a major residential area in the US. The average 2 Bedroom rent here is $1,360 which is slightly lower than the national average ($1,430). Furthermore, groceries are cheaper here as compared to the rest of the country with an index of 106 versus 100 elsewhere. The city has plenty of businesses and companies that provide jobs and services for the residents. Some of these include G&G Automotive Services, Allentown Pet Care Center, Allentown Municipal Court, Bojangles Fast Food Restaurant and Lopatcong Township Public Schools.
Allentown (zip 08501) has an unemployment rate of 6.8%. The US average is 6.0%.
Allentown (zip 08501) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Allentown (zip 08501)
- The Sales Tax Rate for Allentown (zip 08501) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Allentown (zip 08501) 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 Allentown (zip 08501)
- The average income of a Allentown (zip 08501) resident is $45,950 a year. The US average is $28,555 a year.
- The Median household income of a Allentown (zip 08501) resident is $125,172 a year. The US average is $69,021 a year.