Bergenfield, NJ (07621) has a diverse economy featuring a range of local businesses. Major employers in the area include Kraft Foods, Pascack Valley Hospital, Suburban Propane and The Valley Hospital. These companies provide excellent employment opportunities to the locals. Furthermore, Bergenfield offers an affordable cost of living with 2 bedroom rental prices averaging $1,790 compared to the US average of $1,430. Groceries also tend to be slightly higher with a grocery cost index of 106 versus 100 nationally. All in all Bergenfield is an ideal place to live for those seeking good job prospects and an affordable cost of living.
Bergenfield (zip 07621) has an unemployment rate of 7.1%. The US average is 6.0%.
Bergenfield (zip 07621) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Bergenfield (zip 07621)
- The Sales Tax Rate for Bergenfield (zip 07621) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Bergenfield (zip 07621) 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 Bergenfield (zip 07621)
- The average income of a Bergenfield (zip 07621) resident is $32,853 a year. The US average is $28,555 a year.
- The Median household income of a Bergenfield (zip 07621) resident is $111,851 a year. The US average is $69,021 a year.