Zip 07857 (Netcong, NJ) Economy


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Netcong, NJ (07857) is an area filled with opportunity and local businesses. There are many companies located in the area, including Netcong Auto Repair, Netcong Diner, and Netcong Computer Systems. Two bedroom rents in this area are typically around $1,390 compared to the national average of $1,430. Additionally, the grocery cost index for this area stands at 104 compared to 100 in the US. This makes it a great place for those looking for lower living costs while still getting access to great local companies.

Netcong (zip 07857) has an unemployment rate of 6.2%. The US average is 6.0%.

Netcong (zip 07857) has seen the job market decrease by -0.7% 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 Netcong (zip 07857)
- The Sales Tax Rate for Netcong (zip 07857) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Netcong (zip 07857) 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 Netcong (zip 07857)
- The average income of a Netcong (zip 07857) resident is $29,148 a year. The US average is $28,555 a year.
- The Median household income of a Netcong (zip 07857) resident is $74,549 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNetcong, New JerseyUnited States
  6.26
  -7.3%-6.2%
  23.5%33.5%
  6.6%6.2%
  5.5%4.6%
  $49,198$37,638
  $74,549$69,021
  $88,795$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  5.6%6.8%
  5.5%10.0%
  4.6%2.5%
  11.4%11.0%
  3.3%4.8%
  0.8%0.8%
  2.7%1.9%
  13.7%4.7%
  0.0%1.9%
  2.4%7.6%
  0.0%0.1%
  4.4%4.2%
  8.5%9.3%
  11.5%14.0%
  2.0%2.1%
  16.0%7.0%
  2.7%4.8%
  4.5%4.7%
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