Zip 08322 (Franklinville, NJ) Economy


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Franklinville, NJ (08322) is an ideal place to live with its affordable two-bedroom rent prices of $1,580, compared to the US average of $1,430. Not only is it a great place for families and couples seeking affordable housing but also those looking for convenient access to the local amenities such as grocery stores and restaurants. Local companies in Franklinville include Aldridge Electric Co., Inc., Folsom's Garage & Towing, and Franklinville Auto Care Center. Aldridge Electric Co., Inc. provides electrical services for both residential and commercial projects. Folsom's Garage & Towing offers automotive service and repair along with emergency roadside assistance, while Franklinville Auto Care Center specializes in auto repairs and maintenance. With such great local businesses providing services in the area, living in Franklinville can be a great choice for those looking for a safe and comfortable place to call home.

Franklinville (zip 08322) has an unemployment rate of 7.3%. The US average is 6.0%.

Franklinville (zip 08322) 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 Franklinville (zip 08322)
- The Sales Tax Rate for Franklinville (zip 08322) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Franklinville (zip 08322) 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 Franklinville (zip 08322)
- The average income of a Franklinville (zip 08322) resident is $31,869 a year. The US average is $28,555 a year.
- The Median household income of a Franklinville (zip 08322) resident is $92,738 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFranklinville, New JerseyUnited States
  7.36
  -5.9%-6.2%
  29.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $38,344$37,638
  $92,738$69,021
  $99,617$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  16.6%6.8%
  6.5%10.0%
  3.6%2.5%
  12.1%11.0%
  4.6%4.8%
  1.6%0.8%
  0.5%1.9%
  2.2%4.7%
  0.8%1.9%
  3.7%7.6%
  0.0%0.1%
  4.2%4.2%
  10.4%9.3%
  16.3%14.0%
  1.4%2.1%
  3.5%7.0%
  5.0%4.8%
  6.0%4.7%
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