Zip 07110 (Nutley, NJ) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
The rental price for a 2 bedroom apartment in Nutley, New Jersey (07110) is $1,700. While this amount is higher than the national average of $1,430, grocery cost index in Nutley is 106 versus 100 in the US. Nutley is a suburban community located in Essex County and has a population of about 28,000 people. The town boasts many small businesses such as the Nutley Garden Center and G&G Appliances along with larger corporations like Roche Pharmaceuticals and Hoffmann-La Roche Inc., both major employers in the area. With its charming downtown area and easy access to New York City via public transportation, Nutley has become an increasingly attractive place to live.

Nutley (zip 07110) has an unemployment rate of 7.1%. The US average is 6.0%.

Nutley (zip 07110) 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 22.5%, which is lower than the US average of 33.5%.

Tax Rates for Nutley (zip 07110)
- The Sales Tax Rate for Nutley (zip 07110) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Nutley (zip 07110) 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 Nutley (zip 07110)
- The average income of a Nutley (zip 07110) resident is $40,653 a year. The US average is $28,555 a year.
- The Median household income of a Nutley (zip 07110) resident is $105,183 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNutley, New JerseyUnited States
  7.16
  -7.3%-6.2%
  22.5%33.5%
  6.6%6.2%
  5.5%4.6%
  $52,728$37,638
  $105,183$69,021
  $140,871$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.6%6.8%
  8.3%10.0%
  2.9%2.5%
  8.1%11.0%
  3.4%4.8%
  1.5%0.8%
  4.8%1.9%
  8.1%4.7%
  2.2%1.9%
  10.3%7.6%
  0.2%0.1%
  2.1%4.2%
  11.3%9.3%
  14.3%14.0%
  2.1%2.1%
  3.8%7.0%
  4.0%4.8%
  7.1%4.7%
Health