Jersey City, NJ, ZIP Code 07307 is a great place to live with plenty of wonderful attractions and businesses. The two bedroom rent in this area is $2,090, which is significantly higher than the US average of $1,430. The grocery cost index here is also 108 as opposed to the national benchmark of 100. There are loads of local companies in Jersey City including Liberty Science Center, Hudson County Parks and PATH train service to NYC. In addition to these businesses there are several points of attraction such as Ellis Island National Park and Statue of Liberty Museum. All these features make Jersey City an attractive destination for people looking to settle down or visit.
Jersey City (zip 07307) has an unemployment rate of 8.3%. The US average is 6.0%.
Jersey City (zip 07307) 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 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Jersey City (zip 07307)
- The Sales Tax Rate for Jersey City (zip 07307) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Jersey City (zip 07307) 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 Jersey City (zip 07307)
- The average income of a Jersey City (zip 07307) resident is $26,296 a year. The US average is $28,555 a year.
- The Median household income of a Jersey City (zip 07307) resident is $69,124 a year. The US average is $69,021 a year.