Hamilton Square, NJ is a vibrant suburb located near Trenton with plenty of amenities. It is known for its high quality of life and affordable cost of living. For example, a 2 bedroom rent in Hamilton Square is $1,910 compared to the US average of $1,430. Additionally, the grocery cost index in Hamilton Square is 106 compared to the US average of 100.
The town has seen great success from local businesses such as The Peddler’s Pub which offers fine dining and craft beer, or Pizzaland which specializes in traditional Italian cuisine. The downtown area also includes several shops like Blueberry Boutique and vintage stores like Urban Jungle.
Hamilton Square also has many parks and recreational areas for families to enjoy including Mercer County Park which features trails for hiking and cycling as well as playgrounds for children. There are also community classes available through the township for fitness, art, music lessons and more! With all these amenities available combined with an affordable cost of living, Hamilton Square NJ is an ideal place to live!
Hamilton Square has an unemployment rate of 6.2%. The US average is 6.0%.
Hamilton Square has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.
Tax Rates for Hamilton Square
- The Sales Tax Rate for Hamilton Square is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hamilton Square is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hamilton Square
- The average income of a Hamilton Square resident is $42,136 a year. The US average is $28,555 a year.
- The Median household income of a Hamilton Square resident is $117,000 a year. The US average is $69,021 a year.