Montague, NJ is a wonderful place to live for those who are looking for a comfortable residence with plenty of local amenities. The average 2 Bedroom Rent in Montague is $1,350 per month, which is slightly lower than the national US average at $1,430. Additionally, the Grocery Cost Index in Montague is 102 compared to the US index of 100, making it a great location for those conscious about their budget. \nMontague offers many exciting attractions and opportunities for residents. The area is home to two popular shopping centers; the High Point Shopping Center and the Montague Mall. Nearby parks include Ringwood State Park and Wawayanda State Park, which both offer wonderful outdoor recreational activities. Local businesses in the area include the Montague Bookmill Café & Used Books Store, Valley Landscaping & Supply Co., and High Point Orchards Farm Market.
Montague (zip 07827) has an unemployment rate of 7.7%. The US average is 6.0%.
Montague (zip 07827) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Montague (zip 07827)
- The Sales Tax Rate for Montague (zip 07827) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Montague (zip 07827) 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 Montague (zip 07827)
- The average income of a Montague (zip 07827) resident is $29,966 a year. The US average is $28,555 a year.
- The Median household income of a Montague (zip 07827) resident is $90,116 a year. The US average is $69,021 a year.