New Vernon, NJ (07976) is a quaint township located in Morris County, New Jersey. It has a population of about 1,300 people and is a great place to live. The 2 Bedroom rent in New Vernon is $1,870, slightly higher than the US average of $1,430. Grocery cost index in New Vernon is 119 compared to 100 throughout the US. There are several different businesses around town such as Carriage House Store which sells furniture and home decor items; Little Tots Learning Center which offers daycare services; Gourmet Central which provides gourmet groceries; and Wightman Farms which offers fresh produce and farm-raised eggs.
New Vernon (zip 07976) has an unemployment rate of 6.2%. The US average is 6.0%.
New Vernon (zip 07976) 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 New Vernon (zip 07976)
- The Sales Tax Rate for New Vernon (zip 07976) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for New Vernon (zip 07976) 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 Vernon (zip 07976)
- The average income of a New Vernon (zip 07976) resident is $61,314 a year. The US average is $37,638 a year.
- The Median household income of a New Vernon (zip 07976) resident is $63,125 a year. The US average is $69,021 a year.