Somerdale, NJ (08083) is a great place to live for those looking for affordable housing and a low cost of living. Located in Camden County, the average two bedroom rent is $1,280 which is significantly lower than the US average of $1,430. The grocery cost index of Somerdale is also lower than the national average at 103 versus 100. Additionally, there are many local businesses that make it a wonderful place to call home. Companies such as Somerdale Physical Therapy and CrossFit 856 have been in operation since 2012 providing services in physical therapy and health & fitness respectively. Other companies include Something Sweet Bakery, specializing in custom cakes and desserts; East Coast Delivery Services offering full-service package delivery; Crystal Carpet & Tile Center with quality flooring supplies; and Pat's Pizzeria providing delicious Italian cuisine. All these companies help contribute to making Somerdale an inviting community.
Somerdale (zip 08083) has an unemployment rate of 8.0%. The US average is 6.0%.
Somerdale (zip 08083) 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 Somerdale (zip 08083)
- The Sales Tax Rate for Somerdale (zip 08083) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Somerdale (zip 08083) 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 Somerdale (zip 08083)
- The average income of a Somerdale (zip 08083) resident is $29,170 a year. The US average is $28,555 a year.
- The Median household income of a Somerdale (zip 08083) resident is $82,799 a year. The US average is $69,021 a year.