Zip 08801 (Annandale, NJ) Economy


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Annandale, NJ (08801) is a small town located in Hunterdon County with an estimated population of 815. This quaint suburban area offers a peaceful atmosphere with plenty of outdoor recreational activities. The median rent for a two-bedroom house is $2,200 which is higher than the US median rent of $1,430. The cost of living in Annandale is higher than average when compared to other cities as the grocery cost index there is 106 versus the national average of 100.
The community has various shopping centers and businesses including Grover's Sports Bar & Grill, Annandale Village Shopping Center, and Short Cutz Salon & Spa. It is also home to several banks such as Lakeland Bank and Capital One Bank. There are also many small restaurants such as La Vela Mexican Restaurant and Marlboro Pizza & Restaurant that offer delicious meals at great prices.
Overall, Annandale has much to offer its residents while still maintaining a reasonable cost of living - making it a great place to call home

Annandale (zip 08801) has an unemployment rate of 5.9%. The US average is 6.0%.

Annandale (zip 08801) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 22.4%, which is lower than the US average of 33.5%.

Tax Rates for Annandale (zip 08801)
- The Sales Tax Rate for Annandale (zip 08801) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Annandale (zip 08801) 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 Annandale (zip 08801)
- The average income of a Annandale (zip 08801) resident is $40,609 a year. The US average is $28,555 a year.
- The Median household income of a Annandale (zip 08801) resident is $143,030 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAnnandale, New JerseyUnited States
  5.96
  -7.2%-6.2%
  22.4%33.5%
  6.6%6.2%
  5.5%4.6%
  $59,754$37,638
  $143,030$69,021
  $192,321$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  3.8%6.8%
  14.7%10.0%
  2.1%2.5%
  10.8%11.0%
  2.6%4.8%
  1.3%0.8%
  5.2%1.9%
  9.3%4.7%
  1.7%1.9%
  14.2%7.6%
  0.0%0.1%
  2.7%4.2%
  8.1%9.3%
  12.9%14.0%
  1.1%2.1%
  1.9%7.0%
  3.9%4.8%
  3.5%4.7%
Health