Vineland, NJ is a city located in Cumberland County in New Jersey. It has a population of around 60,000 and is known for its relatively low cost of living. The average 2 bedroom rent in Vineland is $1,450, which is slightly lower than the US average of $1,430. The Grocery Cost Index in Vineland is 102 versus 100 in the US as a whole, making it an affordable place to purchase groceries.
Vineland has several companies that are headquartered within its boundaries. These include Inspira Health Network, Premier Bank, Eagle Printing and Packaging Corporation and Fiserv Solutions LLC. There are also many small businesses that are locally owned and operated such as restaurants and retail stores.
In terms of income inequality, Vineland’s poverty rate is higher than the national average with 16% of the population living below the poverty line compared to 11% nationally. Despite this, there are still many opportunities for employment within the city limits for those willing to work hard and take advantage of them.
Vineland has an unemployment rate of 9.2%. The US average is 6.0%.
Vineland has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Vineland
- The Sales Tax Rate for Vineland is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Vineland 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 Vineland
- The average income of a Vineland resident is $24,598 a year. The US average is $28,555 a year.
- The Median household income of a Vineland resident is $60,018 a year. The US average is $69,021 a year.