Ramsey, NJ (07446) is a desirable town due to its relatively low cost of living. The average 2 bedroom rental in Ramsey costs $2,110 which is less than the US average of $1,430. Similarly, grocery costs are also lower with an index of 109 versus 100 in the US. This makes it easier for residents to afford comfortable housing and groceries. There are many local businesses in Ramsey including Sabella & LaTorre Seafood Inc., Buchwald Jewelers and Hartz Mountain Industries. Residents can enjoy a comfortable lifestyle without breaking the bank.
Ramsey (zip 07446) has an unemployment rate of 7.4%. The US average is 6.0%.
Ramsey (zip 07446) 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 25.3%, which is lower than the US average of 33.5%.
Tax Rates for Ramsey (zip 07446)
- The Sales Tax Rate for Ramsey (zip 07446) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Ramsey (zip 07446) 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 Ramsey (zip 07446)
- The average income of a Ramsey (zip 07446) resident is $60,101 a year. The US average is $28,555 a year.
- The Median household income of a Ramsey (zip 07446) resident is $156,473 a year. The US average is $69,021 a year.