Zip 07029 (Harrison, NJ) Economy


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07029 Harrison, NJ is an affordable area to live in with a 2 bedroom rent of only $1,960 compared to the US average of $1,430. Along with its affordability, 07029 offers a variety of amenities such as local restaurants like La Perlita Restaurant or The Original Cuzzins Bar & Grille, shopping at Market Street Plaza and recreational activities like the 5th Street Park. Additionally, the grocery cost index in Harrison is 107 which is higher than the national average of 100. All in all, 07029 Harrison, NJ provides residents with an affordable place to live given the reasonable price of rent and overall cost of living.

Harrison (zip 07029) has an unemployment rate of 8.3%. The US average is 6.0%.

Harrison (zip 07029) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.

Tax Rates for Harrison (zip 07029)
- The Sales Tax Rate for Harrison (zip 07029) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Harrison (zip 07029) 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 Harrison (zip 07029)
- The average income of a Harrison (zip 07029) resident is $24,771 a year. The US average is $28,555 a year.
- The Median household income of a Harrison (zip 07029) resident is $67,829 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHarrison, New JerseyUnited States
  8.36
  -8.3%-6.2%
  25.6%33.5%
  6.6%6.2%
  5.5%4.6%
  $36,511$37,638
  $67,829$69,021
  $68,026$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  9.5%6.8%
  8.5%10.0%
  2.4%2.5%
  6.4%11.0%
  8.4%4.8%
  0.1%0.8%
  3.8%1.9%
  8.5%4.7%
  0.8%1.9%
  9.7%7.6%
  0.4%0.1%
  6.4%4.2%
  6.5%9.3%
  12.1%14.0%
  0.8%2.1%
  8.2%7.0%
  5.6%4.8%
  1.5%4.7%
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