Zip 07071 (Lyndhurst, NJ) Economy


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07071 Lyndhurst, NJ is an exciting city with a variety of businesses, schools and attractions. It is located in Bergen County and has a population of around 20,000 people. The average 2 Bedroom rent rate for 07071 Lyndhurst, NJ is $1,880 which is slightly higher than the US average of $1,430. Grocery Cost Index in this area is 106 versus 100 in the US making it more expensive to buy food here compared to other parts of the country. 07071 Lyndhurst, NJ is home to notable companies such as Valley National Bank and United Parcel Service (UPS). Schools located in the city are Lyndhurst High School and St Joseph's Regional High School. Attractions for locals and visitors include the Meadowlands Exposition Center, The Turtle Back Zoo and The Historic Midland Park Railroad Station Museum.

Lyndhurst (zip 07071) has an unemployment rate of 7.4%. The US average is 6.0%.

Lyndhurst (zip 07071) 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 Lyndhurst (zip 07071)
- The Sales Tax Rate for Lyndhurst (zip 07071) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Lyndhurst (zip 07071) 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 Lyndhurst (zip 07071)
- The average income of a Lyndhurst (zip 07071) resident is $33,681 a year. The US average is $28,555 a year.
- The Median household income of a Lyndhurst (zip 07071) resident is $91,367 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLyndhurst, New JerseyUnited States
  7.46
  -8.2%-6.2%
  25.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $42,767$37,638
  $91,367$69,021
  $105,867$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  6.6%6.8%
  7.2%10.0%
  3.4%2.5%
  11.7%11.0%
  7.4%4.8%
  0.3%0.8%
  1.7%1.9%
  5.9%4.7%
  2.2%1.9%
  8.9%7.6%
  0.0%0.1%
  4.1%4.2%
  10.2%9.3%
  11.5%14.0%
  2.9%2.1%
  5.9%7.0%
  4.3%4.8%
  5.7%4.7%
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