Old Bridge, New Jersey (08857) is a great place to call home with plenty of local businesses to explore. The two bedroom rent in Old Bridge is $1,730 on average, which is significantly higher than the US average of $1,430. However, there is more money saving potential when it comes to the grocery cost index. In Old Bridge it's 106 versus 100 in the US, meaning that groceries are only 6% more expensive than national averages. Popular local businesses in Old Bridge include Playa Bowls for healthy eats and Royal Nails Salon & Spa for beauty services. Residents of Old Bridge can enjoy its close proximity to New York City while also taking advantage of its lower cost of living compared to nearby cities.
Old Bridge (zip 08857) has an unemployment rate of 6.9%. The US average is 6.0%.
Old Bridge (zip 08857) 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 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Old Bridge (zip 08857)
- The Sales Tax Rate for Old Bridge (zip 08857) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Old Bridge (zip 08857) 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 Old Bridge (zip 08857)
- The average income of a Old Bridge (zip 08857) resident is $38,610 a year. The US average is $28,555 a year.
- The Median household income of a Old Bridge (zip 08857) resident is $95,968 a year. The US average is $69,021 a year.