Mount Tabor is a small borough located in Morris County, New Jersey. This town consists mainly of families and professionals who are drawn to its convenient location and beautiful scenery. The town is known for its unique restaurants and boutiques as well as its highly rated schools. For those looking to rent a two bedroom apartment in the area, the average cost is $2,130 per month - slightly higher than the national average of $1,430 per month. In terms of groceries, Mount Tabor has a grocery cost index of 105 versus 100 in the US; this means that groceries may be more expensive here than elsewhere. Popular local businesses include La Strada Italian Restaurant & Pizzeria which serves delicious Italian food; The Artisan Salon which offers haircuts and beauty services; and Kim's Karate Academy which offers martial arts classes for children aged 4 and above.
Mount Tabor (zip 07878) has an unemployment rate of 5.9%. The US average is 6.0%.
Mount Tabor (zip 07878) 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 22.4%, which is lower than the US average of 33.5%.
Tax Rates for Mount Tabor (zip 07878)
- The Sales Tax Rate for Mount Tabor (zip 07878) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Mount Tabor (zip 07878) 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 Tabor (zip 07878)
- The average income of a Mount Tabor (zip 07878) resident is $49,829 a year. The US average is $37,638 a year.
- The Median household income of a Mount Tabor (zip 07878) resident is $92,738 a year. The US average is $69,021 a year.