Edgewater Park, NJ Economy


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Edgewater Park, NJ is a vibrant and diverse community located in Burlington County. The town provides easy access to the city of Philadelphia while still providing a suburban atmosphere with its quaint downtown area including shopping boutiques, restaurants, cafes, and art galleries. Rent for a two-bedroom apartment in Edgewater Park can be found at an average price of $1,590 which is slightly higher than the US average of $1,430. Grocery cost index in Edgewater Park is 103 versus 100 in the US. The Burlington County Library System offers numerous events and services for all ages throughout the year. Popular local attractions include Adventure Aquarium on the Camden Waterfront and around town there are many parks to explore such as John F. Kennedy Memorial Park with fishing ponds and outdoor activities along the Rancocas Creek. There are many businesses like Target, Lowes Home Improvement Warehouse, Princeton Sports Complex and more that serve this community well. Edgewater Park offers families an amazing place to live with all these amenities nearby.

Edgewater Park has an unemployment rate of 6.4%. The US average is 6.0%.

Edgewater Park 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 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Edgewater Park
- The Sales Tax Rate for Edgewater Park is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Edgewater Park 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 Edgewater Park
- The average income of a Edgewater Park resident is $28,344 a year. The US average is $28,555 a year.
- The Median household income of a Edgewater Park resident is $69,621 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEdgewater Park, New JerseyUnited States
  6.46
  -5.8%-6.2%
  28.8%33.5%
  6.6%6.2%
  5.5%4.6%
  $36,445$37,638
  $69,621$69,021
  $94,009$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  13.2%6.8%
  3.1%10.0%
  4.3%2.5%
  13.2%11.0%
  6.4%4.8%
  0.0%0.8%
  1.2%1.9%
  5.0%4.7%
  2.6%1.9%
  8.7%7.6%
  0.3%0.1%
  4.0%4.2%
  8.9%9.3%
  11.2%14.0%
  1.8%2.1%
  7.9%7.0%
  4.9%4.8%
  3.3%4.7%
Reviews for Edgewater Park
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Over 16 years ago

We live in a 55+ community that is about 7 years old. We have lived in this area for over 30 years and enjoyed that time. Overall it is an excellent area with all the  More

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