Zip 08824 (Kendall Park, NJ) Economy


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Kendall Park, NJ (08824) is a great place to call home. The average two bedroom rent is $1,960, slightly higher than the US average of $1,430. Grocery stores in the area are plentiful and the cost index stands at 107 compared to 100 in the US. Local companies such as Home Depot, Stop & Shop Supermarket, and Marshalls make it easy for residents to find what they need. The local community provides plenty of parks and recreational activities for all ages. Kendall Park is an excellent choice for those seeking an affordable yet convenient place to live.

Kendall Park (zip 08824) has an unemployment rate of 5.6%. The US average is 6.0%.

Kendall Park (zip 08824) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.

Tax Rates for Kendall Park (zip 08824)
- The Sales Tax Rate for Kendall Park (zip 08824) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Kendall Park (zip 08824) 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 Kendall Park (zip 08824)
- The average income of a Kendall Park (zip 08824) resident is $45,320 a year. The US average is $28,555 a year.
- The Median household income of a Kendall Park (zip 08824) resident is $159,321 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKendall Park, New JerseyUnited States
  5.66
  -6.7%-6.2%
  29.5%33.5%
  6.6%6.2%
  5.5%4.6%
  $61,000$37,638
  $159,321$69,021
  $170,257$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.0%6.8%
  9.2%10.0%
  3.1%2.5%
  12.5%11.0%
  2.4%4.8%
  0.8%0.8%
  3.7%1.9%
  8.9%4.7%
  1.0%1.9%
  11.4%7.6%
  0.2%0.1%
  2.5%4.2%
  11.7%9.3%
  12.0%14.0%
  1.1%2.1%
  2.4%7.0%
  1.8%4.8%
  6.2%4.7%
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