The cost of living in 07660 Ridgefield Park, NJ is higher than the US average. According to recent data, 2 bedroom rent in 07660 Ridgefield Park, NJ is approximately $1,720 compared to the US average of $1,430 for two bedrooms. Additionally, the Grocery Cost Index is 105 in 07660 Ridgefield Park versus 100 in the US on average. There are many local companies located throughout the town of 07660 Ridgefield Park such as Verizon Communications Inc., Bed Bath&Beyond Inc., Walgreen Co., Toys”R”Us-Delaware Inc., and Unilever United States Inc. Despite a slightly higher cost of living than other areas in the United States, people looking to move or visit 07660 Ridgefield Park can find great job opportunities with well known companies that have locations within the town.
Ridgefield Park (zip 07660) has an unemployment rate of 7.4%. The US average is 6.0%.
Ridgefield Park (zip 07660) 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 Ridgefield Park (zip 07660)
- The Sales Tax Rate for Ridgefield Park (zip 07660) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Ridgefield Park (zip 07660) 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 Ridgefield Park (zip 07660)
- The average income of a Ridgefield Park (zip 07660) resident is $31,644 a year. The US average is $28,555 a year.
- The Median household income of a Ridgefield Park (zip 07660) resident is $86,502 a year. The US average is $69,021 a year.