07608 Teterboro, NJ is a great place to live, boasting an affordable median 2 bedroom rent of $2,130, which is much lower than the US average of $1,430. Furthermore, the grocery cost index in this area is 107 compared to 100 in the US. Located near New York City and Newark International Airport, 07608 Teterboro features several local companies such as Prudential Financial, A&T Power, Blueprint Technologies and Astronics Test Systems. These companies offer great career opportunities for locals.
Teterboro (zip 07608) has an unemployment rate of 7.4%. The US average is 6.0%.
Teterboro (zip 07608) has seen the job market decrease by -8.2% 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 Teterboro (zip 07608)
- The Sales Tax Rate for Teterboro (zip 07608) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Teterboro (zip 07608) 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 Teterboro (zip 07608)
- The average income of a Teterboro (zip 07608) resident is $23,510 a year. The US average is $37,638 a year.
- The Median household income of a Teterboro (zip 07608) resident is $0 a year. The US average is $69,021 a year.