Columbia, NJ (zip code 07832) is a small borough in Morris County, located on the east side of the state. It has a population of roughly 1,400 people, according to the most recent census data. Rent for two-bedroom homes in Columbia is slightly higher than the US average at $1,560. Grocery costs are also relatively high with an index score of 106 compared to the national average of 100.
The local economy primarily relies on small businesses such as Towne Market, which offers fresh produce and other grocery items; J & M Auto Repair that provides car services; and Columbia Thrift Store for affordable clothing. Additionally, there are several outdoor attractions that bring people from near and far into town including Columbia Lake and Sunrise Lake Park. With its scenic landscape and friendly atmosphere, Columbia is a great place to call home!
Columbia (zip 07832) has an unemployment rate of 7.0%. The US average is 6.0%.
Columbia (zip 07832) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Columbia (zip 07832)
- The Sales Tax Rate for Columbia (zip 07832) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Columbia (zip 07832) 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 Columbia (zip 07832)
- The average income of a Columbia (zip 07832) resident is $52,393 a year. The US average is $37,638 a year.
- The Median household income of a Columbia (zip 07832) resident is $104,205 a year. The US average is $69,021 a year.