Zip 08079 (Salem, NJ) Economy


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08079 Salem, NJ is a city full of diverse business opportunities. The two bedroom rent in the area is slightly lower than the national average at $1,300 versus $1,430. Grocery cost index in the area is also lower than average at 99 versus 100 across the US. Popular companies to work for in 08079 Salem, NJ include Amazon Fulfillment Center, Verizon Wireless, and C&S Wholesale Grocers. For those interested in retail work, there are plenty of available positions at Amazon Fulfillment Center while Verizon Wireless offers technical careers such as computer engineering and network technicians. C&S Wholesale Grocers provides jobs related to food services and distribution industries. There are many job opportunities in 08079 Salem, NJ to suit everyone's needs and interests.

Salem (zip 08079) has an unemployment rate of 8.5%. The US average is 6.0%.

Salem (zip 08079) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 16.8%, which is lower than the US average of 33.5%.

Tax Rates for Salem (zip 08079)
- The Sales Tax Rate for Salem (zip 08079) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Salem (zip 08079) 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 Salem (zip 08079)
- The average income of a Salem (zip 08079) resident is $24,550 a year. The US average is $28,555 a year.
- The Median household income of a Salem (zip 08079) resident is $44,763 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySalem, New JerseyUnited States
  8.56
  -4.6%-6.2%
  16.8%33.5%
  6.6%6.2%
  5.5%4.6%
  $28,919$37,638
  $44,763$69,021
  $61,835$85,028
  Population by Occupation
  2.2%1.2%
  0.2%0.5%
  4.6%6.8%
  10.7%10.0%
  5.0%2.5%
  10.0%11.0%
  4.2%4.8%
  4.2%0.8%
  0.5%1.9%
  3.4%4.7%
  1.2%1.9%
  6.5%7.6%
  0.0%0.1%
  5.2%4.2%
  7.8%9.3%
  18.2%14.0%
  1.4%2.1%
  5.6%7.0%
  4.0%4.8%
  5.2%4.7%
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