Edison, NJ (08817) is a vibrant community with plenty of business and recreational opportunities. With a 2 bedroom rent of $1,960, it is more affordable than the US average of $1,430. In addition to this great value for housing, Edison also offers its residents access to a wide variety of amenities. Grocery cost index in Edison is 105 versus 100 in the US, meaning you can expect to pay a little bit more for groceries but still have plenty of options available. Residents can take advantage of nearby companies such as ShopRite Supermarket, TD Bank, and CVS Pharmacy for their everyday needs. For entertainment or recreation there are several parks and recreational facilities around town like Thomas Edison Park and Jamesburg Park. There are also numerous restaurants, bars, and coffee shops in the area if you’re looking for something to do with friends or family. All in all, Edison is an ideal place to live and work!
Edison (zip 08817) has an unemployment rate of 5.4%. The US average is 6.0%.
Edison (zip 08817) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 27.9%, which is lower than the US average of 33.5%.
Tax Rates for Edison (zip 08817)
- The Sales Tax Rate for Edison (zip 08817) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Edison (zip 08817) 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 Edison (zip 08817)
- The average income of a Edison (zip 08817) resident is $33,962 a year. The US average is $28,555 a year.
- The Median household income of a Edison (zip 08817) resident is $98,184 a year. The US average is $69,021 a year.