Mendham, NJ (07945) is a small town in Morris County with a population of approximately 5,000 people. The median rent for a 2 bedroom home here is $1,850, slightly higher than the average US 2 bedroom rent of $1,430. Grocery cost index also shows that Mendham is more expensive than the US with an index of 111 versus 100 in the US. \nMendham has several local businesses such as Dutch Colonial Florist for flower arrangements, Jack's Gas Station for car maintenance needs, and MENDHAM HOUSE to cater special events. It also offers various recreational activities such as its own cross country trails at Mendham Borough Park or golf courses at Talamore Country Club and Fiddler’s Elbow Country Club. This lovely town provides its residents with many options for activities both indoors and outdoors.
Mendham (zip 07945) has an unemployment rate of 6.2%. The US average is 6.0%.
Mendham (zip 07945) 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 Mendham (zip 07945)
- The Sales Tax Rate for Mendham (zip 07945) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Mendham (zip 07945) 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 Mendham (zip 07945)
- The average income of a Mendham (zip 07945) resident is $102,222 a year. The US average is $37,638 a year.
- The Median household income of a Mendham (zip 07945) resident is $210,846 a year. The US average is $69,021 a year.