Jefferson, NJ is an excellent place to live and work, offering residents a higher quality of living compared to the US average. Rent for two bedroom apartments in Jefferson is $1,880 which is $450 more than the US average. Those looking to save on groceries can also benefit from living in Jefferson, as the Grocery Cost Index there is 105 versus 100 in the US. There are many local companies that offer jobs and services to Jefferson's residents. Notable companies include Progress Rail Services Corporation, Cooks Collision, South Jersey Industries, and Oldcastle BuildingEnvelope.
Jefferson has an unemployment rate of 6.2%. The US average is 6.0%.
Jefferson has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Jefferson
- The Sales Tax Rate for Jefferson is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Jefferson 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 Jefferson
- The average income of a Jefferson resident is $40,429 a year. The US average is $28,555 a year.
- The Median household income of a Jefferson resident is $111,691 a year. The US average is $69,021 a year.