Bellmawr, NJ (08031) is an attractive place for those looking for a more affordable lifestyle in the Northeastern US. With a cost of living index of 102, 2 bedroom rent at $1,220 per month, and grocery cost index of 100, the city offers great value for money. The area has many local businesses that provide services and employment to the community. Bellmawr is home to many companies such as Acme Markets, Nestle USA, Walgreens, The UPS Store, Wawa convenience stores, CVS Pharmacy and more. There are also several family owned businesses that contribute to the economy and offer unique goods and services to the locals.
Bellmawr (zip 08031) has an unemployment rate of 8.0%. The US average is 6.0%.
Bellmawr (zip 08031) 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 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Bellmawr (zip 08031)
- The Sales Tax Rate for Bellmawr (zip 08031) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Bellmawr (zip 08031) 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 Bellmawr (zip 08031)
- The average income of a Bellmawr (zip 08031) resident is $25,240 a year. The US average is $28,555 a year.
- The Median household income of a Bellmawr (zip 08031) resident is $66,667 a year. The US average is $69,021 a year.