Saddle Brook, NJ is a vibrant city that features various amenities to make life convenient and enjoyable for its residents. Several notable companies call Saddle Brook home including Avaya, Inc., Conair Corporation and Sunrise Detox. The city has a higher cost of living than the US in areas like rent and groceries, with a 2 bedroom rent averaging $2,180 per month compared to $1,430 across the country and a Grocery Cost Index of 106 versus 100 in the US. This increased purchasing power allows Saddle Brook residents to enjoy access to top-notch restaurants, entertainment venues, and retailers that otherwise may not be available elsewhere.
Saddle Brook has an unemployment rate of 7.4%. The US average is 6.0%.
Saddle Brook 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 Saddle Brook
- The Sales Tax Rate for Saddle Brook is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Saddle Brook is 5.5%. The US average is 4.6%.
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Income and Salaries for Saddle Brook
- The average income of a Saddle Brook resident is $47,078 a year. The US average is $37,638 a year.
- The Median household income of a Saddle Brook resident is $113,738 a year. The US average is $69,021 a year.