Leisuretowne, NJ Economy


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Leisuretowne, NJ is a vibrant community located in southern New Jersey. It offers residents many amenities, including parks, shops, restaurants and more. The area boasts a low unemployment rate and average household income is among the highest in the state. The cost of living in Leisuretowne is slightly higher than the national average; however, rent for two bedroom apartments remains affordable at $2,040 per month. Additionally, grocery costs are 6 percent higher than the US average.
Leisuretowne's economy is bolstered by employers such as TD Bank, Wawa convenience stores and ProCision Manufacturing Inc., a precision machining company that has been providing quality services since 1948. The area also provides opportunities to work in the leisure and hospitality industries with popular attractions such as Jenkinson's Boardwalk and Breakwater Beach Waterpark. Leisuretowne is an ideal place to call home for those looking for small-town charm with big city amenities nearby.

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

Leisuretowne 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 Leisuretowne
- The Sales Tax Rate for Leisuretowne is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Leisuretowne 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 Leisuretowne
- The average income of a Leisuretowne resident is $28,852 a year. The US average is $28,555 a year.
- The Median household income of a Leisuretowne resident is $54,388 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLeisuretowne, New JerseyUnited States
  6.46
  -5.8%-6.2%
  28.8%33.5%
  6.6%6.2%
  5.5%4.6%
  $40,162$37,638
  $54,388$69,021
  $67,985$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  4.5%6.8%
  10.4%10.0%
  3.3%2.5%
  22.1%11.0%
  7.5%4.8%
  0.0%0.8%
  0.0%1.9%
  3.6%4.7%
  1.2%1.9%
  7.2%7.6%
  0.0%0.1%
  4.5%4.2%
  8.1%9.3%
  9.5%14.0%
  6.5%2.1%
  1.7%7.0%
  3.0%4.8%
  5.0%4.7%
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