Zip 08854 (Piscataway, NJ) Economy


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Piscataway, NJ (08854) is a great place to live with reasonably priced rent. The average two-bedroom rent in this area is $1,980 compared to the US average of $1,430. Grocery costs are slightly higher than the rest of the country at 105 versus 100 but there are many local companies that make life more affordable such as ShopRite Supermarket and Costco Wholesale Corporation offering competitive prices. Living in Piscataway is an excellent value when compared against other parts of the United States.

Piscataway (zip 08854) has an unemployment rate of 6.8%. The US average is 6.0%.

Piscataway (zip 08854) 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 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Piscataway (zip 08854)
- The Sales Tax Rate for Piscataway (zip 08854) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Piscataway (zip 08854) 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 Piscataway (zip 08854)
- The average income of a Piscataway (zip 08854) resident is $31,950 a year. The US average is $28,555 a year.
- The Median household income of a Piscataway (zip 08854) resident is $112,980 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPiscataway, New JerseyUnited States
  6.86
  -6.7%-6.2%
  26.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $37,515$37,638
  $112,980$69,021
  $125,652$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  4.1%6.8%
  12.3%10.0%
  2.9%2.5%
  12.1%11.0%
  5.7%4.8%
  0.3%0.8%
  2.4%1.9%
  6.4%4.7%
  0.7%1.9%
  13.3%7.6%
  0.0%0.1%
  3.6%4.2%
  11.5%9.3%
  14.1%14.0%
  0.7%2.1%
  3.3%7.0%
  3.9%4.8%
  2.6%4.7%
Reviews for Piscataway
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Over 15 years ago

Piscataway's not a bad place to be - everything is close, low crime. The housing though is through the roof and so are the propety taxes... you need to make some money  More

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