Aberdeen, NJ is a city located in Monmouth County with an estimated population of 18,212 in 2019. The city is home to many businesses such as Backyard Nature Products, Tree-Plexus, and J. Dwyer Bedding Co., making it a great place to live and work. The average rent for a 2 bedroom in Aberdeen is $1,670 compared to the US average which is $1,430. Additionally, the Grocery Cost Index in Aberdeen is 105 versus 100 in the US showing that utilities are slightly more expensive in Aberdeen than other parts of the country. All things considered, Aberdeen has a great cost of living and abundant opportunities for employment making it an ideal place to call home.
Aberdeen has an unemployment rate of 6.8%. The US average is 6.0%.
Aberdeen has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Aberdeen
- The Sales Tax Rate for Aberdeen is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Aberdeen 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 Aberdeen
- The average income of a Aberdeen resident is $37,366 a year. The US average is $28,555 a year.
- The Median household income of a Aberdeen resident is $111,964 a year. The US average is $69,021 a year.