Woodland Park, NJ is a charming borough located in Passaic County with a population of 10,847. It is known for its small town charm and proximity to major cities such as New York City and Newark. The 2 bedroom rent in Woodland Park is $1,880 compared to the US average of $1,430. Additionally, the grocery cost index in Woodland Park is 106 versus 100 in the US. There are many local businesses such as Bob’s Deli, Chuck’s Bar & Grill, Midtown Music Academy and The Station Coffee House. Woodland Park also offers its residents plenty of parks and recreational activities and a low crime rate. All these factors make it an attractive place to live for those seeking an affordable yet high quality lifestyle.
Woodland Park has an unemployment rate of 10.0%. The US average is 6.0%.
Woodland Park 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
- The Sales Tax Rate for Woodland Park is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Woodland Park 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
- The average income of a Woodland Park resident is $43,381 a year. The US average is $37,638 a year.
- The Median household income of a Woodland Park resident is $84,729 a year. The US average is $69,021 a year.