The town of Closter, NJ has a population of around 8,500 people. It is located in Bergen County, about 25 miles from NYC. The 2 bedroom rent for this area is $2,620 which is much higher than the national average of $1,430. Additionally, the Grocery Cost Index (GCI) for Closter is 111 compared to the US average which is 100. This means that groceries in Closter are 11% more expensive than the average cost in America. Living in Closter comes with a higher cost of living but also provides access to several local businesses who offer competitive prices and services. Some popular local companies include the Dutch Hill Marketand Shoprite Supermarket, both offering discounts on food items; Houlihan Lawrence Closter Real Estate agency; and McMillan’s Hardware store for all your home improvement needs.
Closter (zip 07624) has an unemployment rate of 7.4%. The US average is 6.0%.
Closter (zip 07624) 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 Closter (zip 07624)
- The Sales Tax Rate for Closter (zip 07624) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Closter (zip 07624) 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 Closter (zip 07624)
- The average income of a Closter (zip 07624) resident is $69,619 a year. The US average is $37,638 a year.
- The Median household income of a Closter (zip 07624) resident is $166,125 a year. The US average is $69,021 a year.