Zip 07094 (Secaucus, NJ) Economy


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Secaucus, New Jersey (07094) is a great place to live for those seeking reasonable rent prices. The two-bedroom rent in Secaucus is $2,710, which is significantly lower than the US average of $1,430. Grocery Cost Index in Secaucus is 107 versus 100 in the US. This means that groceries are slightly more expensive than the national average. Companies that operate in Secaucus include Bed Bath & Beyond, Target, Stop & Shop Supermarket Co., and Amazon Fulfillment Center. These companies provide many jobs to residents and help to make the town an attractive place to live.

Secaucus (zip 07094) has an unemployment rate of 8.3%. The US average is 6.0%.

Secaucus (zip 07094) 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 25.6%, which is lower than the US average of 33.5%.

Tax Rates for Secaucus (zip 07094)
- The Sales Tax Rate for Secaucus (zip 07094) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Secaucus (zip 07094) 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 Secaucus (zip 07094)
- The average income of a Secaucus (zip 07094) resident is $39,822 a year. The US average is $28,555 a year.
- The Median household income of a Secaucus (zip 07094) resident is $125,246 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySecaucus, New JerseyUnited States
  8.36
  -8.3%-6.2%
  25.6%33.5%
  6.6%6.2%
  5.5%4.6%
  $54,333$37,638
  $125,246$69,021
  $147,625$85,028
  Population by Occupation
  0.0%1.2%
  0.3%0.5%
  4.1%6.8%
  5.8%10.0%
  3.1%2.5%
  8.9%11.0%
  4.8%4.8%
  0.2%0.8%
  3.0%1.9%
  14.9%4.7%
  2.1%1.9%
  15.6%7.6%
  0.4%0.1%
  3.8%4.2%
  7.8%9.3%
  9.9%14.0%
  0.6%2.1%
  3.3%7.0%
  4.4%4.8%
  7.1%4.7%
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