Woodlynne, NJ is a small town located just outside of Philadelphia. The cost of living in Woodlynne is lower than the rest of the United States. For example, 2 bedroom rent is $1,370 compared to $1,430 nationally. Additionally, the grocery cost index in Woodlynne is 103 versus 100 in the US. This makes it more affordable to live in Woodlynne than other areas.
Woodlynne is home to numerous local businesses that make up its vibrant economy. Some popular businesses include The Bank Cafe and Market where locals go for coffee and food; Edgar's Auto Shop for automotive repairs; and Hardinge & Son Construction for quality construction projects.
In summary, Woodlynne offers a great quality of life due to its low cost of living - lower than the national average - as well as its local businesses that provide goods and services to residents.
Woodlynne has an unemployment rate of 8.0%. The US average is 6.0%.
Woodlynne 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 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Woodlynne
- The Sales Tax Rate for Woodlynne is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Woodlynne 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 Woodlynne
- The average income of a Woodlynne resident is $16,147 a year. The US average is $28,555 a year.
- The Median household income of a Woodlynne resident is $64,808 a year. The US average is $69,021 a year.