Zip 07077 (Sewaren, NJ) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Sewaren, NJ (07077) is a small town located in Middlesex County. The cost of living here is relatively high; the average rent for a two-bedroom apartment is $1,730, which is higher than the U.S. average of $1,430. Additionally, the Grocery Cost Index in Sewaren is 104 versus 100 in the U.S.
Sewaren has several local businesses and services that locals can take advantage of. The town includes a Rite Aid Pharmacy, along with Dunkin’ Donuts and Burger King restaurants located off Woodbridge Avenue. The area also features an Austen Realty group which provides real estate services to those looking to purchase property in Sewaren or surrounding towns.

Sewaren (zip 07077) has an unemployment rate of 6.9%. The US average is 6.0%.

Sewaren (zip 07077) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.

Tax Rates for Sewaren (zip 07077)
- The Sales Tax Rate for Sewaren (zip 07077) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Sewaren (zip 07077) 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 Sewaren (zip 07077)
- The average income of a Sewaren (zip 07077) resident is $39,629 a year. The US average is $37,638 a year.
- The Median household income of a Sewaren (zip 07077) resident is $101,532 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySewaren, New JerseyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.