The small town of Highland Lake, New Jersey (zip code 07422) is a great location for those looking for a cozy atmosphere. Here, you can expect to find two bedroom rentals for roughly $1,760 - slightly more than the nationwide average of $1,430. Furthermore, with an index rating of 102 for grocery cost versus 100 in the US on average, it’s definitely worth considering. There are plenty of local companies that call Highland Lake home such as Highland Lake Market & Deli and The Gilded Cupcake to provide services and goods at reasonable prices. All in all, this beautiful town offers a unique atmosphere and quality of living that makes the cost justifiable.
Highland Lake (zip 07422) has an unemployment rate of 8.6%. The US average is 6.0%.
Highland Lake (zip 07422) 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 20.9%, which is lower than the US average of 33.5%.
Tax Rates for Highland Lake (zip 07422)
- The Sales Tax Rate for Highland Lake (zip 07422) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Highland Lake (zip 07422) 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 Highland Lake (zip 07422)
- The average income of a Highland Lake (zip 07422) resident is $33,010 a year. The US average is $28,555 a year.
- The Median household income of a Highland Lake (zip 07422) resident is $108,358 a year. The US average is $69,021 a year.