Woodstown, NJ is a thriving community located close to Wilmington, Delaware. The two bedroom rent in Woodstown is slightly lower than the national average of $1,430. This makes it an attractive option for people looking to move to the area, particularly young couples and families starting out. Additionally, the local grocery cost index in Woodstown is higher than the national average which suggests there are more options available for purchasing food locally.
The town also offers plenty of recreation activities such as nearby golf courses and access to fishing, boating, and hunting opportunities on nearby rivers and lakes. There are also numerous local businesses operating within the town including restaurants, boutiques, hair salons, banks, and other services. In terms of education there are several elementary schools located within Woodstown such as Sharp Elementary School and Albert E Grice Elementary School as well as communities such as Westwood Lakes Estates & Villas offering easy access to many amenities.
Woodstown has an unemployment rate of 8.5%. The US average is 6.0%.
Woodstown has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 16.8%, which is lower than the US average of 33.5%.
Tax Rates for Woodstown
- The Sales Tax Rate for Woodstown is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Woodstown 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 Woodstown
- The average income of a Woodstown resident is $36,724 a year. The US average is $28,555 a year.
- The Median household income of a Woodstown resident is $88,070 a year. The US average is $69,021 a year.