Plainsboro, NJ is an ideal city for those looking for a small town feel with big city amenities. The cost of living in Plainsboro is slightly higher than the national average, however, two-bedroom rent here is $2,220 compared to the US average of $1,430. In addition, the grocery cost index in Plainsboro is 108 versus 100 in the US. As a result of its close proximity to major cities such as Philadelphia and New York City, many residents are drawn to Plainsboro due to its easy access to these urban areas. Additionally, local companies such as Princeton Healthcare System, Siemens Energy, and NeoEyes Corporation all have offices located in this charming town. With a vibrant downtown area and plenty of parks and green spaces for outdoor recreation nearby, Plainsboro has something for everyone.
Plainsboro has an unemployment rate of 6.9%. The US average is 6.0%.
Plainsboro has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Plainsboro
- The Sales Tax Rate for Plainsboro is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Plainsboro 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 Plainsboro
- The average income of a Plainsboro resident is $49,043 a year. The US average is $28,555 a year.
- The Median household income of a Plainsboro resident is $112,421 a year. The US average is $69,021 a year.