07970 Mount Freedom is a small township in New Jersey located approximately an hour outside of NYC. The cost of living in 07970 Mount Freedom is slightly higher than the US average due to rent being around $1,950 for a two bedroom apartment and the grocery cost index being 106 versus 100 in the US.
In terms of local businesses, there are plenty of options for residents to choose from. There is J&J Deli & Grocery, which offers a wide selection of grocery items, as well as Koo's Barbershop and Salon for those looking for a new hairstyle. When it comes to dining out, locals enjoy delicious meals at Village Pizza and Grill or indulge in Mexican eats at Casa El Chihuahua.
When it comes to cultural attractions, visitors can explore the historic William Nelson House Museum or take a guided tour of nearby Liberty State Park and learn about its role in America's history. Additionally, families with children often visit nearby Turtle Back Zoo or spend an afternoon at Thomas Edison National Historic Park learning about his many inventions.
Mount Freedom (zip 07970) has an unemployment rate of 6.2%. The US average is 6.0%.
Mount Freedom (zip 07970) 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 Mount Freedom (zip 07970)
- The Sales Tax Rate for Mount Freedom (zip 07970) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Mount Freedom (zip 07970) 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 Mount Freedom (zip 07970)
- The average income of a Mount Freedom (zip 07970) resident is $94,498 a year. The US average is $37,638 a year.
- The Median household income of a Mount Freedom (zip 07970) resident is $0 a year. The US average is $69,021 a year.