Long Valley, NJ (07853) is a rural suburban town located in Morris County. With a population of 8,625 people, Long Valley is a great place to live for those looking for a small-town atmosphere. Rent for 2 bedroom apartments in Long Valley is $2,360 compared to the US average of $1,430, while grocery cost index is 107 compared to 100 in the US. Long Valley has many local businesses that make up the community such as Farmhouse Cafe & Bakery, Lyric Coffee Bar & Bistro, and The Whitehouse Station Hotel & Tavern. There are also plenty of restaurants and shopping options within close proximity too.
Long Valley (zip 07853) has an unemployment rate of 6.2%. The US average is 6.0%.
Long Valley (zip 07853) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Long Valley (zip 07853)
- The Sales Tax Rate for Long Valley (zip 07853) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Long Valley (zip 07853) 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 Long Valley (zip 07853)
- The average income of a Long Valley (zip 07853) resident is $68,295 a year. The US average is $37,638 a year.
- The Median household income of a Long Valley (zip 07853) resident is $175,833 a year. The US average is $69,021 a year.