Mantua, NJ is located in Gloucester County and offers a variety of businesses for residents to access. Some local companies include the Mantua Pharmacy, Mannino's Italian Bakery, and Raccoon Creek Golf Course. Rent for two-bedroom apartments is much higher in Mantua than it is across the US as a whole; you can expect to pay around $1,810 per month compared with just $1,430 on average nationally. Similarly, food prices are slightly more expensive in Mantua due to a grocery cost index of 104 versus 100 nationwide. These factors may be attractive to some people looking for higher quality housing or food options than those found elsewhere in the US.
Mantua has an unemployment rate of 7.3%. The US average is 6.0%.
Mantua 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 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Mantua
- The Sales Tax Rate for Mantua is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Mantua 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 Mantua
- The average income of a Mantua resident is $36,985 a year. The US average is $28,555 a year.
- The Median household income of a Mantua resident is $105,546 a year. The US average is $69,021 a year.