Edison, NJ (08820) is a vibrant city located in Middlesex County. The city's population is estimated to be around 101,000 people and it has a diverse job market with employment opportunities in many industries. The 2-bedroom rent in Edison is $2,070 which is higher than the US average of $1,430. Additionally, the grocery cost index in Edison is 107 compared to the national average of 100. Some of the major companies operating in Edison are Sony US Technology Center, PSE&G and MetLife, providing jobs within finance, energy management and insurance sectors respectively. Other notable employers include Verizon Wireless and Johnson & Johnson healthcare products. Apart from these large businesses, there are also numerous small local companies that offer employment opportunities for those looking to build a career in Edison.
Edison (zip 08820) has an unemployment rate of 6.9%. The US average is 6.0%.
Edison (zip 08820) 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 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Edison (zip 08820)
- The Sales Tax Rate for Edison (zip 08820) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Edison (zip 08820) 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 08820)
- The average income of a Edison (zip 08820) resident is $46,648 a year. The US average is $28,555 a year.
- The Median household income of a Edison (zip 08820) resident is $146,149 a year. The US average is $69,021 a year.