Fairton, NJ is an attractive town with a healthy local economy. Many companies such as Fairton Auto Repair, Fairton Cleaners, and the Fairton Grocery Store have been contributing to the town's economic success for many years. The average rent for two bedroom apartments in this town is 1,490 dollars, which is slightly higher than the national average of 1,430 dollars. Meanwhile, Fairton has a cost of living index score of 101 compared to 100 in the US overall. These factors make it an appealing place for people looking to live somewhere with a strong job market and affordable housing options.
Fairton has an unemployment rate of 9.4%. The US average is 6.0%.
Fairton has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Fairton
- The Sales Tax Rate for Fairton is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Fairton 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 Fairton
- The average income of a Fairton resident is $21,012 a year. The US average is $28,555 a year.
- The Median household income of a Fairton resident is $62,500 a year. The US average is $69,021 a year.