Roosevelt, NJ (08555) is a great place to live. The two bedroom rent here is $2,040 which is much higher than the national average of $1,430. The cost of living in this area is also relatively high with a grocery cost index of 105 versus the US average of 100. Despite these higher costs, Roosevelt offers plenty for its residents. It has a strong economy, with some local companies such as Dkor Interiors and Crestwood Homes providing excellent job opportunities within the town. Roosevelt also has several parks and recreational areas for its residents to enjoy including East Park and Mayors Park. Further amenities such as shopping centres, restaurants and fitness centers all add to make Roosevelt a great place to live.
Roosevelt (zip 08555) has an unemployment rate of 6.8%. The US average is 6.0%.
Roosevelt (zip 08555) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Roosevelt (zip 08555)
- The Sales Tax Rate for Roosevelt (zip 08555) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Roosevelt (zip 08555) 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 Roosevelt (zip 08555)
- The average income of a Roosevelt (zip 08555) resident is $30,369 a year. The US average is $28,555 a year.
- The Median household income of a Roosevelt (zip 08555) resident is $99,911 a year. The US average is $69,021 a year.