Galloway, NJ Economy


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Galloway, NJ is a great place to live! With a 2 bedroom rent of $1,660 in comparison to the US national average of $1,430 and a Grocery Cost Index of 103 compared to the US average of 100, Galloway is an affordable but amazing place to call home. There are plenty of local companies and attractions that make it a great destination for families and tourists alike. Notable companies include Stockton University, Atlanticare Regional Medical Center, and Flanders Valley Golf Course. Tourists can enjoy boat rides at Edwin B Forsythe National Wildlife Refuge or visit historic towns such as Absecon or Atlantic City. With so much to do and see, Galloway is an ideal place for anyone looking for a quality lifestyle that doesn't break the bank.

Galloway has an unemployment rate of 10.1%. The US average is 6.0%.

Galloway has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.

Tax Rates for Galloway
- The Sales Tax Rate for Galloway is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Galloway 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 Galloway
- The average income of a Galloway resident is $26,436 a year. The US average is $28,555 a year.
- The Median household income of a Galloway resident is $79,345 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGalloway, New JerseyUnited States
  10.16
  -14.0%-6.2%
  20.2%33.5%
  6.6%6.2%
  5.5%4.6%
  $35,771$37,638
  $79,345$69,021
  $88,525$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.7%6.8%
  4.1%10.0%
  0.9%2.5%
  12.8%11.0%
  3.8%4.8%
  0.6%0.8%
  1.7%1.9%
  2.9%4.7%
  1.5%1.9%
  5.3%7.6%
  0.1%0.1%
  3.0%4.2%
  14.1%9.3%
  12.8%14.0%
  9.6%2.1%
  12.3%7.0%
  3.5%4.8%
  4.4%4.7%
Reviews for Galloway
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Over 16 years ago

Galloway New Jersey is the most wonderful place to live. It is located 6 miles West of Atlantic City and is a short drive to local South Jersey Beaches such as  More

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