07838 Great Meadows, NJ is an ideal place to live. With an average two bedroom rent of $1,900 and a grocery cost index of 107 versus 100 in the US, it is a great value for residents. Local companies and businesses also benefit from the local area, as there are abundant opportunities to open new business ventures. Companies such as Riley's Sports Bar & Grill, which serves delicious pub food and has weekly specials; Cheers Bar & Grill, which features a diverse menu with international flavors; and The Bistro at Great Meadows, which offers locally sourced ingredients for their classic American cuisine; all thrive in this vibrant community. The area also supports other local businesses like banks, pharmacies, retail stores, medical centers, auto repair shops and more. Residents have access to everything they need without having to leave the local area.
Great Meadows (zip 07838) has an unemployment rate of 7.0%. The US average is 6.0%.
Great Meadows (zip 07838) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Great Meadows (zip 07838)
- The Sales Tax Rate for Great Meadows (zip 07838) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Great Meadows (zip 07838) 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 Great Meadows (zip 07838)
- The average income of a Great Meadows (zip 07838) resident is $55,934 a year. The US average is $37,638 a year.
- The Median household income of a Great Meadows (zip 07838) resident is $111,875 a year. The US average is $69,021 a year.