Newark, NJ (07114) is an ideal place to live if you鈥檙e looking for a great place to work and play. With a two bedroom rent of $1,450 and a grocery cost index of 105 compared to the US average of 100, it is an affordable option. The city of Newark offers a range of employment opportunities from large corporations such as Prudential Financial and Panasonic, to smaller businesses such as PSEG and Newark Educators Community Union. Other popular companies in the Newark area include Audible, Panasonic Corporation, Horizon Blue Cross Blue Shield of New Jersey, Northern Trust Corporation and Rutgers University.
Newark (zip 07114) has an unemployment rate of 13.0%. The US average is 6.0%.
Newark (zip 07114) 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 18.1%, which is lower than the US average of 33.5%.
Tax Rates for Newark (zip 07114)
- The Sales Tax Rate for Newark (zip 07114) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Newark (zip 07114) 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 Newark (zip 07114)
- The average income of a Newark (zip 07114) resident is $14,402 a year. The US average is $37,638 a year.
- The Median household income of a Newark (zip 07114) resident is $25,042 a year. The US average is $69,021 a year.