Collingswood, NJ is a popular city located in Camden County. It is known for its great shopping and dining options as well as excellent schools and a diverse cultural landscape. The average rent for a two bedroom apartment in Collingswood is $1,550 which is slightly higher than the US average of $1,430. Additionally, the grocery cost index in Collingswood is 105 compared to 100 in the US on average. \nCollingwood is home to many popular companies such as TD Bank and Collingswood Gourmet Coffee & Tea Company. It also boasts a variety of parks including Knight Park and Kresson Road Park where outdoor activities are popular among residents. All of these features make Collingswood an attractive option for both visitors and people looking to find a place to call home.
Collingswood has an unemployment rate of 8.0%. The US average is 6.0%.
Collingswood 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 Collingswood
- The Sales Tax Rate for Collingswood is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Collingswood 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 Collingswood
- The average income of a Collingswood resident is $35,031 a year. The US average is $28,555 a year.
- The Median household income of a Collingswood resident is $74,327 a year. The US average is $69,021 a year.