Pompton Lakes, NJ (zipcode 07442) is a town located in the northern region of New Jersey. It is home to many local companies such as NuTech Solutions Inc., Prudential Financial, and Novartis Pharmaceuticals. The two bedroom rent in this area is around $1,970 which is higher than the US average of $1430. The grocery cost index here is 105 versus 100 in the US, making it an expensive place to live. There are also several educational institutions such as Pompton Lakes High School and Passaic County Community College that provide quality education to the people living here.
Pompton Lakes (zip 07442) has an unemployment rate of 10.0%. The US average is 6.0%.
Pompton Lakes (zip 07442) 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 Pompton Lakes (zip 07442)
- The Sales Tax Rate for Pompton Lakes (zip 07442) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Pompton Lakes (zip 07442) 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 Pompton Lakes (zip 07442)
- The average income of a Pompton Lakes (zip 07442) resident is $36,231 a year. The US average is $28,555 a year.
- The Median household income of a Pompton Lakes (zip 07442) resident is $100,906 a year. The US average is $69,021 a year.