Zip 07866 (White Meadow Lake, NJ) Economy


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White Meadow Lake, NJ (07866) is a small suburban town located in Morris County. It has a population of approximately 2,000 people and is known for its peaceful atmosphere and excellent schools. The average two bedroom rent here is $1,780, which is slightly more expensive than the national average of $1,430. Grocery cost index in White Meadow Lake is also higher than the US at 105 versus 100.
The city has many great local businesses such as White Meadow Lake Pharmacy, White Meadow Pizza & Subs, The Corner Store Cafe and Grill, and Joe's Body Shop to name a few. People living in this area can take advantage of all the amenities that the city offers including shopping centers, parks and recreational areas. Whatever your needs may be, you are sure to find it in White Meadow Lake!

White Meadow Lake (zip 07866) has an unemployment rate of 6.0%. The US average is 6.0%.

White Meadow Lake (zip 07866) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.

Tax Rates for White Meadow Lake (zip 07866)
- The Sales Tax Rate for White Meadow Lake (zip 07866) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for White Meadow Lake (zip 07866) 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 White Meadow Lake (zip 07866)
- The average income of a White Meadow Lake (zip 07866) resident is $43,450 a year. The US average is $28,555 a year.
- The Median household income of a White Meadow Lake (zip 07866) resident is $119,255 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWhite Meadow Lake, New JerseyUnited States
  66
  -7.3%-6.2%
  22.9%33.5%
  6.6%6.2%
  5.5%4.6%
  $55,407$37,638
  $119,255$69,021
  $147,313$85,028
  Population by Occupation
  0.0%1.2%
  0.2%0.5%
  4.3%6.8%
  11.9%10.0%
  3.4%2.5%
  7.9%11.0%
  5.8%4.8%
  1.1%0.8%
  2.3%1.9%
  6.2%4.7%
  1.5%1.9%
  10.8%7.6%
  0.4%0.1%
  3.1%4.2%
  12.5%9.3%
  15.5%14.0%
  2.3%2.1%
  3.8%7.0%
  4.3%4.8%
  2.8%4.7%
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