Elmwood Park borough, NJ
Discover how far your salary goes in Elmwood Park borough. Compare taxes, rent, and living costs.
21,422
10.8%
$1,995
/month
+43%
above avg
How far would your salary go in Elmwood Park borough?
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Rent Prices in Elmwood Park borough
Studio
$1,596
/month
$19,152/year
1 Bedroom
$1,995
/month
$23,940/year
2 Bedroom
$2,693
/month
$32,316/year
3 Bedroom
$3,491
/month
$41,892/year
Taxes in New Jersey
State Income Tax
New Jersey
For a $100k salary, that's ~$10,750/year in state taxes.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workMore Affordable Alternatives
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Frequently Asked Questions
What is the cost of living in Elmwood Park borough, NJ?▼
Elmwood Park borough has a cost of living index of 170, which is 70% above the national average. A 1-bedroom apartment costs around $1,995/month.
What is the state income tax in New Jersey?▼
New Jersey has a state income tax rate of approximately 10.8%. This is in addition to federal income tax.
How much is rent in Elmwood Park borough?▼
The median rent for a 1-bedroom apartment in Elmwood Park borough is $1,995/month. For a 2-bedroom, expect to pay around $2,693/month. This is 43% above the national average.
Is Elmwood Park borough a good place to live?▼
Elmwood Park borough is a town with a population of 21,422. The cost of living is expensive, making it more expensive than average for the US.
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