07020 Edgewater, NJ is a great place to live and is an attractive option for those looking for affordable rent. 2 Bedroom rent in 07020 Edgewater, NJ is $2,750 compared to the US average of $1,430. Additionally, grocery cost index in 07020 Edgewater, NJ is 108 versus 100 in the US. This means groceries are 8% more expensive than the national average. Popular local businesses include St. John's Riverside Hospital, Seneca Pharmacy Inc., Wortendyke Pharmacy Inc., Walgreens Pharmacy and Dunkin Donuts Park. Many other businesses in 07020 Edgewater, NJ offer services from financial planning to home organization.
Edgewater (zip 07020) has an unemployment rate of 7.4%. The US average is 6.0%.
Edgewater (zip 07020) has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.
Tax Rates for Edgewater (zip 07020)
- The Sales Tax Rate for Edgewater (zip 07020) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Edgewater (zip 07020) 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 Edgewater (zip 07020)
- The average income of a Edgewater (zip 07020) resident is $78,664 a year. The US average is $37,638 a year.
- The Median household income of a Edgewater (zip 07020) resident is $126,483 a year. The US average is $69,021 a year.