Brookfield, NJ is an attractive location for those looking to rent a 2-bedroom apartment as its rent is significantly lower than the US average at $1,230. The cost of living in Brookfield is also very reasonable due to the Grocery Cost Index being 104 versus 100 in the US. In addition to its affordability, Brookfield offers jobseekers plenty of opportunity with companies like Amazon, FedEx, UPS and Target located nearby. All of these factors make Brookfield a great place to live and work.
Brookfield has an unemployment rate of 7.0%. The US average is 6.0%.
Brookfield 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 Brookfield
- The Sales Tax Rate for Brookfield is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Brookfield 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 Brookfield
- The average income of a Brookfield resident is $29,228 a year. The US average is $28,555 a year.
- The Median household income of a Brookfield resident is $47,500 a year. The US average is $69,021 a year.