Zip 07606 (South Hackensack, NJ) Economy


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The city of South Hackensack in New Jersey is a great place to live with its 07606 zip code. Rent for a two bedroom apartment here averages around $1,950, which is slightly higher than the national average of $1,430. The local grocery cost index is 106 compared to the US average of 100 so you can expect to pay slightly more for food items here as well. There are plenty of local businesses located in South Hackensack such as Dollar General, Foot Locker, and the 99 Cent Only Store. There are also locally owned restaurants and shops that provide a unique atmosphere and experience. With its proximity to New York City and many recreational activities nearby, South Hackensack is an ideal location for anyone looking to live in a vibrant community with all the amenities one could ask for.

South Hackensack (zip 07606) has an unemployment rate of 7.4%. The US average is 6.0%.

South Hackensack (zip 07606) 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 South Hackensack (zip 07606)
- The Sales Tax Rate for South Hackensack (zip 07606) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for South Hackensack (zip 07606) 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 South Hackensack (zip 07606)
- The average income of a South Hackensack (zip 07606) resident is $31,052 a year. The US average is $28,555 a year.
- The Median household income of a South Hackensack (zip 07606) resident is $89,911 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Hackensack, New JerseyUnited States
  7.46
  -8.2%-6.2%
  25.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $36,050$37,638
  $89,911$69,021
  $98,043$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.2%6.8%
  10.3%10.0%
  4.5%2.5%
  10.6%11.0%
  4.6%4.8%
  0.6%0.8%
  2.7%1.9%
  1.4%4.7%
  0.7%1.9%
  8.6%7.6%
  0.0%0.1%
  3.7%4.2%
  7.8%9.3%
  14.8%14.0%
  5.2%2.1%
  7.4%7.0%
  6.2%4.8%
  3.8%4.7%
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