Zip 07021 (Essex Fells, NJ) Economy


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Essex Fells, NJ (07021) is a beautiful suburb located in Northern New Jersey. The area offers an exceptional quality of life for its residents, with 2 bedroom rent costing $2,090 compared to the US 2 bedroom rent of $1,430. Grocery Cost Index in this area is also higher than the national average at 113 versus 100 in the US.
Essex Fells has plenty of local amenities for its residents to enjoy including shopping centers like Willowbrook Mall and Livingston Mall. For outdoor recreation, there are two nearby golf courses - Essex County Country Club and Cedar Hill Golf Course - as well as Verona Park which offers a variety of trails for walking and biking. Local attractions include Wild West City amusement park and the Turtle Back Zoo which both offer fun for all ages. Businesses wise, Essex Fells is home to large companies such as PSE&G Energy Company as well as smaller businesses such as The UPS Store.

Essex Fells (zip 07021) has an unemployment rate of 9.6%. The US average is 6.0%.

Essex Fells (zip 07021) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.

Tax Rates for Essex Fells (zip 07021)
- The Sales Tax Rate for Essex Fells (zip 07021) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Essex Fells (zip 07021) 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 Essex Fells (zip 07021)
- The average income of a Essex Fells (zip 07021) resident is $114,044 a year. The US average is $37,638 a year.
- The Median household income of a Essex Fells (zip 07021) resident is $250,001 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEssex Fells, New JerseyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Essex Fells
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Over 18 years ago

With only appx. 750 homes in this enclave, Essex Fells (former resort town from 100 years ago) is full of historic custom built stone homes in a park-like setting.   More

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