Bellmawr, NJ Economy


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Bellmawr, NJ is a borough located in Camden County, NJ. It is a quiet suburban town with a low population of over 11,000 people. The rent for two-bedrooms in Bellmawr is on average $1,180 per month, which is relatively cheaper than the national average of $1,430 per month. The Grocery Cost Index in Bellmawr is about 2 percent higher than the national index as well. The local economy of Bellmawr includes various industries such as healthcare, transportation and logistics, food processing and distribution. Notable companies based in Bellmawr include Lourdes Health System, SEI Logistics and Bayonne Cold Storage Corporation.

Bellmawr has an unemployment rate of 8.0%. The US average is 6.0%.

Bellmawr 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 Bellmawr
- The Sales Tax Rate for Bellmawr is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Bellmawr 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 Bellmawr
- The average income of a Bellmawr resident is $25,240 a year. The US average is $28,555 a year.
- The Median household income of a Bellmawr resident is $66,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBellmawr, New JerseyUnited States
  86
  -5.8%-6.2%
  27.8%33.5%
  6.6%6.2%
  5.5%4.6%
  $33,501$37,638
  $66,667$69,021
  $73,355$85,028
  Population by Occupation
  0.7%1.2%
  0.5%0.5%
  7.3%6.8%
  10.4%10.0%
  2.7%2.5%
  12.4%11.0%
  5.3%4.8%
  1.0%0.8%
  1.5%1.9%
  4.4%4.7%
  2.2%1.9%
  7.3%7.6%
  0.0%0.1%
  5.3%4.2%
  8.6%9.3%
  12.9%14.0%
  1.7%2.1%
  7.5%7.0%
  3.9%4.8%
  4.2%4.7%
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