Watchung, NJ is a small city located in the northern part of New Jersey. It is known for its beautiful landscapes and natural surroundings, as well as its excellent school system. Rent for a two bedroom apartment is more expensive than the national average at $2,570, while its grocery cost index is 10% higher than the national average. Watchung is home to some prominent organizations such as Johnson & Johnson, BASF Corporation and Celgene Corporation, which all have significant presences here. Other local businesses include the Watchung Booksellers, Infinite Spice Caf茅 and F&J Subs. These businesses are vital to the local economy and contribute to Watchung鈥檚 great quality of life.
Watchung has an unemployment rate of 6.3%. The US average is 6.0%.
Watchung has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.
Tax Rates for Watchung
- The Sales Tax Rate for Watchung is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Watchung 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 Watchung
- The average income of a Watchung resident is $66,607 a year. The US average is $37,638 a year.
- The Median household income of a Watchung resident is $143,889 a year. The US average is $69,021 a year.