Moorestown-Lenola, NJ (08057) is a vibrant suburban town located in Burlington county. With a population of 20,726 people, Moorestown-Lenola has a median household income of $106,636 compared to the US median of $61,937. The cost of living is higher than the US average with 2 bedroom rent at $1,630 versus $1,430 nationally and grocery costs at 111 index versus 100 in the US. This town is home to several well known companies such as Lockheed Martin Corporation, TD Bank Financial Group and Lourdes Health System which employ many local residents. Salaries for these companies vary depending on job responsibilities but most range from $50k-$90k per year. Moorestown-Lenola also offers plenty of exciting opportunities for those looking to advance their career locally.
Moorestown-Lenola (zip 08057) has an unemployment rate of 6.4%. The US average is 6.0%.
Moorestown-Lenola (zip 08057) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Moorestown-Lenola (zip 08057)
- The Sales Tax Rate for Moorestown-Lenola (zip 08057) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Moorestown-Lenola (zip 08057) 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 Moorestown-Lenola (zip 08057)
- The average income of a Moorestown-Lenola (zip 08057) resident is $63,748 a year. The US average is $28,555 a year.
- The Median household income of a Moorestown-Lenola (zip 08057) resident is $146,465 a year. The US average is $69,021 a year.