Deptford, NJ Economy


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Deptford, NJ is an affordable place to live, as the median rent for a two bedroom apartment is $1,630, which is significantly lower than the US median of $1,430. The cost of living index in Deptford is also significantly higher than the US average at 103. The town also offers plenty of amenities such as local businesses like Eickhoff's Tavern and Creamery, Generations Coffeehouse and Eatery, and King's Farmers Market. All of these establishments offer excellent customer service and quality products to meet all your needs. With its affordability and variety of businesses, Deptford is an ideal place to call home.

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

Deptford 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 28.3%, which is lower than the US average of 33.5%.

Tax Rates for Deptford
- The Sales Tax Rate for Deptford is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Deptford 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 Deptford
- The average income of a Deptford resident is $31,248 a year. The US average is $28,555 a year.
- The Median household income of a Deptford resident is $84,864 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDeptford, New JerseyUnited States
  86
  -5.9%-6.2%
  28.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $38,466$37,638
  $84,864$69,021
  $104,194$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  7.7%6.8%
  8.9%10.0%
  5.0%2.5%
  12.8%11.0%
  6.3%4.8%
  0.9%0.8%
  2.0%1.9%
  6.3%4.7%
  2.1%1.9%
  7.1%7.6%
  0.3%0.1%
  3.2%4.2%
  9.6%9.3%
  13.7%14.0%
  1.5%2.1%
  4.4%7.0%
  4.2%4.8%
  3.5%4.7%
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