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Teterboro, NJ Economy


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Teterboro, NJ is a small town situated in Bergen county with a lot of opportunity for its residents. The 2 bedroom rent average rate in the town is $2,170 which is higher than the US average of $1,430. With a Grocery Cost Index of 107 versus 100 in the US, Teterboro has become an attractive option for those looking to move to this area. There are many local companies such as Apex Aircraft Maintenance, Delphi Communications and Cardiox Corporation that have offices in Teterboro. In addition to these businesses there are also a range of recreation venues and amenities available to the community including community parks, golf courses and shopping centers.

Teterboro has an unemployment rate of 7.4%. The US average is 6.0%.

Teterboro 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 Teterboro
- The Sales Tax Rate for Teterboro is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Teterboro is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Teterboro
- The average income of a Teterboro resident is $23,510 a year. The US average is $37,638 a year.
- The Median household income of a Teterboro resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTeterboro, New JerseyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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