Woodland Park, NJ (07424) is a small town in Passaic County that offers residents an affordable and high quality of life. The 2 Bedroom Rental Cost is $1,840 which is slightly higher than the US average of $1,430 but still within reach for many families. The Grocery Cost Index in Woodland Park is 106 versus 100 in the US, meaning groceries are slightly more expensive here than in other parts of the country. Local businesses in Woodland Park include Garden State Express Carpet Cleaning, Stop & Shop Supermarket Co., La Boulangerie Bakery Cafe and New Jersey Braces Orthodontics. Residents can enjoy a variety of services at competitive prices to suit their needs. Woodland Park proves to be an excellent choice for those looking for a safe and affordable place to call home.
Woodland Park (zip 07424) has an unemployment rate of 10.0%. The US average is 6.0%.
Woodland Park (zip 07424) has seen the job market decrease by -8.3% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Woodland Park (zip 07424)
- The Sales Tax Rate for Woodland Park (zip 07424) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Woodland Park (zip 07424) 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 Woodland Park (zip 07424)
- The average income of a Woodland Park (zip 07424) resident is $50,085 a year. The US average is $37,638 a year.
- The Median household income of a Woodland Park (zip 07424) resident is $97,631 a year. The US average is $69,021 a year.