Zip 07935 (Green Village, NJ) Economy


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Green Village is a great place to live in 07935. With its close proximity to New York City, residents can enjoy all the benefits of urban living without the busyness of city life. The two bedroom rental rate is $2,250 which is more expensive than the US-wide average but still affordable for most people. The grocery cost index in Green Village is 105 compared with 100 across the country so it’s slightly more expensive to shop for food here.
In terms of local amenities, Green Village has some great options for entertainment and recreation. There are plenty of boutiques, restaurants, and cafes to explore as well as quaint parks and nature trails. It’s also home to notable companies such as Novartis Pharmaceuticals Corporation and Investors Bank which enhances the area’s job market. The living environment in Green Village is peaceful yet vibrant making it an ideal place to settle down for those looking for a small town vibe near a big city atmosphere.

Green Village (zip 07935) has an unemployment rate of 6.2%. The US average is 6.0%.

Green Village (zip 07935) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.

Tax Rates for Green Village (zip 07935)
- The Sales Tax Rate for Green Village (zip 07935) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Green Village (zip 07935) 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 Green Village (zip 07935)
- The average income of a Green Village (zip 07935) resident is $55,009 a year. The US average is $28,555 a year.
- The Median household income of a Green Village (zip 07935) resident is $92,212 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreen Village, New JerseyUnited States
  6.26
  -7.3%-6.2%
  23.5%33.5%
  6.6%6.2%
  5.5%4.6%
  $41,157$37,638
  $92,212$69,021
  $91,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  14.8%6.8%
  9.1%10.0%
  0.0%2.5%
  14.8%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  2.8%4.7%
  0.0%1.9%
  5.7%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  15.9%14.0%
  0.0%2.1%
  0.0%7.0%
  25.0%4.8%
  11.9%4.7%
Health