Zip 07463 (Waldwick, NJ) Economy


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Living in 07463 Waldwick, NJ is quite an attractive option for prospective residents due to its low 2 Bedroom Rent of $2,440 compared to the US average of $1,430. This makes Waldwick an affordable choice to call home. In addition, the Grocery Cost Index in Waldwick is 107 versus 100 in the US which means you will get more groceries for your money overall.
For those who are looking for employment opportunities, Waldwick offers a wide array of local companies such as The Mill Group Inc., Exact Estimating and Design LLC., Waldwick Lumber Co., and Preferred Air Parts LLC. Each company provides great opportunities for motivated individuals to pursue their career goals while taking advantage of all that lovely town has to offer.

Waldwick (zip 07463) has an unemployment rate of 7.4%. The US average is 6.0%.

Waldwick (zip 07463) 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 Waldwick (zip 07463)
- The Sales Tax Rate for Waldwick (zip 07463) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Waldwick (zip 07463) 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 Waldwick (zip 07463)
- The average income of a Waldwick (zip 07463) resident is $44,201 a year. The US average is $28,555 a year.
- The Median household income of a Waldwick (zip 07463) resident is $132,315 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaldwick, New JerseyUnited States
  7.46
  -8.2%-6.2%
  25.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $52,434$37,638
  $132,315$69,021
  $149,336$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  4.9%6.8%
  8.2%10.0%
  4.0%2.5%
  9.0%11.0%
  2.3%4.8%
  1.5%0.8%
  2.7%1.9%
  10.0%4.7%
  1.5%1.9%
  10.0%7.6%
  0.0%0.1%
  3.6%4.2%
  14.7%9.3%
  12.3%14.0%
  2.6%2.1%
  2.4%7.0%
  4.8%4.8%
  5.4%4.7%
Health