New Brunswick, NJ (08901) is an ideal place to live due to its affordable cost of living. 2 bedroom rent is around $1,750 which is comparatively lower than the national average of $1,430. Grocery Cost Index in New Brunswick is 104 as compared to 100 nationally. The city has many local companies like Johnson & Johnson, Rutgers University and Robert Wood Johnson University Hospital which offer plenty of job opportunities. It also has a vibrant cultural atmosphere with numerous eateries, retail stores and entertainment spots for all age groups. So if you are looking for a great place to call home with an affordable cost of living then New Brunswick might be the perfect choice for you.
New Brunswick (zip 08901) has an unemployment rate of 6.6%. The US average is 6.0%.
New Brunswick (zip 08901) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for New Brunswick (zip 08901)
- The Sales Tax Rate for New Brunswick (zip 08901) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for New Brunswick (zip 08901) 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 New Brunswick (zip 08901)
- The average income of a New Brunswick (zip 08901) resident is $14,070 a year. The US average is $28,555 a year.
- The Median household income of a New Brunswick (zip 08901) resident is $49,338 a year. The US average is $69,021 a year.