Emerson, NJ (07630) is an ideal place to live for those looking for a suburban atmosphere within easy commuting distance of New York City. With a population of 7,278 as of 2018, Emerson is small enough to be able to provide for its residents while still being close enough to the big city that it offers various amenities and services. The two-bedroom rent in Emerson is around $2,420 per month which is slightly higher than the US average of $1,430. Additionally, grocery costs are higher in Emerson due to its location with a Grocery Cost Index of 107 versus 100 in the US. Despite this, there are several companies located in the town such as FursByIdMalia, Elite Martial Arts Academy and Photo Docs which all contribute to Emerson’s local economy. In conclusion, Emerson is an excellent place to start or raise a family due to its convenient location and availability of local businesses.
Emerson (zip 07630) has an unemployment rate of 7.4%. The US average is 6.0%.
Emerson (zip 07630) 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 Emerson (zip 07630)
- The Sales Tax Rate for Emerson (zip 07630) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Emerson (zip 07630) 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 Emerson (zip 07630)
- The average income of a Emerson (zip 07630) resident is $57,220 a year. The US average is $37,638 a year.
- The Median household income of a Emerson (zip 07630) resident is $135,396 a year. The US average is $69,021 a year.