Moorestown-Lenola, NJ is a great place to live. Known for its beautiful residential neighborhoods and access to excellent public amenities, the town offers residents a high quality of life. Local businesses in Moorestown-Lenola include Moorestown Mall, which has over 150 stores and restaurants; the historic Main Street, with its mix of unique shops and eateries; and the Tamari Japanese Restaurant, which serves delicious traditional Japanese cuisine. Other local amenities include walking trails, parks, libraries and fitness centers. With a 2 bedroom rent of $1,630 per month and grocery cost index of 111 compared to 100 in the US on average, Moorestown-Lenola has something for everyone.
Moorestown-Lenola has an unemployment rate of 6.4%. The US average is 6.0%.
Moorestown-Lenola 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 Moorestown-Lenola
- The Sales Tax Rate for Moorestown-Lenola is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Moorestown-Lenola 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 Moorestown-Lenola
- The average income of a Moorestown-Lenola resident is $51,816 a year. The US average is $28,555 a year.
- The Median household income of a Moorestown-Lenola resident is $128,649 a year. The US average is $69,021 a year.