Anderson, NJ is a small city in New Jersey with a population of approximately 20,000 people. It is located less than an hour from both New York City and Philadelphia. The cost of living in Anderson is slightly higher than the national average, with a median 2 bedroom rent of $1,670 compared to the US median 2 bedroom rent of $1,430. Furthermore, the grocery cost index in Anderson is 106 versus 100 nationally. There are many local businesses and activities that make Anderson unique including Emack & Bolio’s Ice Cream Parlor, Chelsea’s Corner Delicatessen, Whiskey Lounge & Dinner Club, and Skydive Sussex. Additionally, residents can take part in community events hosted by the town such as outdoor movies at Anderson Park or seasonal farmers markets.
Anderson has an unemployment rate of 7.0%. The US average is 6.0%.
Anderson has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Anderson
- The Sales Tax Rate for Anderson is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Anderson 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 Anderson
- The average income of a Anderson resident is $32,967 a year. The US average is $28,555 a year.
- The Median household income of a Anderson resident is $71,828 a year. The US average is $69,021 a year.