Leonia, NJ (07605) is an important suburb of New York City, just 12 miles from Manhattan. The median 2-bedroom rent in Leonia is $1,880, which is higher than the US average of $1,430. Additionally, the Grocery Cost Index in Leonia is 109 compared to 100 for the U.S., making it slightly more expensive to buy food here. Despite the high cost of living in Leonia, there are many local businesses that make it a great place to live. Notable companies include Grover Pharmaceuticals & Biologics, Pinnacle Resources Group Inc., and Sandor Development Corporation. These businesses offer employment opportunities to residents as well as providing essential services within the community.
Leonia (zip 07605) has an unemployment rate of 7.4%. The US average is 6.0%.
Leonia (zip 07605) 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 25.3%, which is lower than the US average of 33.5%.
Tax Rates for Leonia (zip 07605)
- The Sales Tax Rate for Leonia (zip 07605) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Leonia (zip 07605) 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 Leonia (zip 07605)
- The average income of a Leonia (zip 07605) resident is $40,985 a year. The US average is $28,555 a year.
- The Median household income of a Leonia (zip 07605) resident is $102,381 a year. The US average is $69,021 a year.