07070 Rutherford, NJ is a great place to call home. The area offers a 2 Bedroom Rent of $1,840 which is much higher than the US average of $1,430.Grocery Cost Index in Rutherford is also higher with an index of 107 versus 100 in the US. \nThe town is located near plenty of local parks, companies, and restaurants. Some popular companies in the area include Honeywell International Inc., Quest Diagnostics Incorporated, and Jersey City Medical Center. If you are looking for some great restaurants, try out Zeppelin Hall Beer Garden & Restaurant or Peking Chef Chinese Restaurant to get a taste of what Rutherford has to offer.
Rutherford (zip 07070) has an unemployment rate of 7.4%. The US average is 6.0%.
Rutherford (zip 07070) 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 Rutherford (zip 07070)
- The Sales Tax Rate for Rutherford (zip 07070) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Rutherford (zip 07070) 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 Rutherford (zip 07070)
- The average income of a Rutherford (zip 07070) resident is $40,050 a year. The US average is $28,555 a year.
- The Median household income of a Rutherford (zip 07070) resident is $118,462 a year. The US average is $69,021 a year.