Woodbury, NJ is an ideal city for people looking for an affordable yet comfortable place to call home. It has a lower than average two-bedroom rent rate compared to the United States average, making it particularly attractive to families. Additionally, the cost of living in Woodbury is relatively low with a Grocery Cost Index at 103 compared to the US index of 100. Some of the many local companies located in Woodbury are ShopRite, Walmart Supercenter, and BJ's Wholesale Club offering access to all of your basic needs. With its diverse population and overall high quality of life, it's no wonder that Woodbury has become one of New Jersey's most desirable places to live.
Woodbury has an unemployment rate of 7.3%. The US average is 6.0%.
Woodbury 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 Woodbury
- The Sales Tax Rate for Woodbury is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Woodbury 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 Woodbury
- The average income of a Woodbury resident is $27,355 a year. The US average is $28,555 a year.
- The Median household income of a Woodbury resident is $64,271 a year. The US average is $69,021 a year.