08825 Frenchtown, NJ is a small town located in Hunterdon County. With a population of only 1,892 people, the town has a low cost of living and rental prices to match. The average 2 bedroom rent for the area is $1,640 which is slightly higher than the US average of $1,430. Similarly, grocery costs in 08825 Frenchtown are indexed at 105 versus 100 in the US.
08825 Frenchtown offers several local businesses that serve its residents well. For example, Pelino’s Market is a family-owned store that offers fresh foods and produce at reasonable prices. Alternatively, there are niche stores like the Steaming Cup Coffee House where customers can relax with gourmet coffee and tea drinks as well as pastries or sandwiches. The one downside to these local businesses is that they may have limited hours depending on season or day of the week.
Frenchtown (zip 08825) has an unemployment rate of 5.9%. The US average is 6.0%.
Frenchtown (zip 08825) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 22.4%, which is lower than the US average of 33.5%.
Tax Rates for Frenchtown (zip 08825)
- The Sales Tax Rate for Frenchtown (zip 08825) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Frenchtown (zip 08825) 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 Frenchtown (zip 08825)
- The average income of a Frenchtown (zip 08825) resident is $42,144 a year. The US average is $28,555 a year.
- The Median household income of a Frenchtown (zip 08825) resident is $109,125 a year. The US average is $69,021 a year.