Oak Ridge, NJ, with zip code 07438, is a great place to live. The two bedroom rent is $1,920 which is slightly higher than the US average of $1,430. There are plenty of local businesses to choose from in Oak Ridge like Home Depot for hardware supplies and ShopRite for groceries (which has a grocery cost index of 105 compared to the US average of 100). There are also plenty of recreational activities available in Oak Ridge; you can take a stroll through Wawayanda State Park or take part in various sports at the local YMCA. Additionally, there are many excellent schools and healthcare facilities located nearby. All in all, Oak Ridge is an ideal place to live that provides its residents with all the necessary amenities needed for day-to-day life.
Oak Ridge (zip 07438) has an unemployment rate of 10.0%. The US average is 6.0%.
Oak Ridge (zip 07438) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Oak Ridge (zip 07438)
- The Sales Tax Rate for Oak Ridge (zip 07438) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Oak Ridge (zip 07438) 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 Oak Ridge (zip 07438)
- The average income of a Oak Ridge (zip 07438) resident is $41,765 a year. The US average is $28,555 a year.
- The Median household income of a Oak Ridge (zip 07438) resident is $112,570 a year. The US average is $69,021 a year.