08344 Newfield, NJ is a small town located in Cumberland County with a population of 783 people as of the 2010 census. The town offers a relatively low cost of living when compared to the US average, making it an attractive option for those looking to save money. 2 bedroom rent in 08344 Newfield is $1,780 which is significantly lower than the US average at $1,430. There are also several local businesses that make up the community such as Mezzacappa's Pizza & Subs, The Olde Oak Café, and Ebbitt Express Liquors which provide locals with a variety of dining and shopping options. Additionally, groceries in 08344 Newfield have an index score of 103 versus 100 found in the US. All in all, 08344 Newfield is an ideal place for anyone looking for a low cost of living while still enjoying some great local businesses.
Newfield (zip 08344) has an unemployment rate of 7.3%. The US average is 6.0%.
Newfield (zip 08344) 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 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Newfield (zip 08344)
- The Sales Tax Rate for Newfield (zip 08344) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Newfield (zip 08344) 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 Newfield (zip 08344)
- The average income of a Newfield (zip 08344) resident is $28,845 a year. The US average is $28,555 a year.
- The Median household income of a Newfield (zip 08344) resident is $64,731 a year. The US average is $69,021 a year.