Downe, NJ Economy


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Downe, NJ is a small town located in Burlington County with a population of about 4,000 people. The town is home to some of the best companies and amenities in the state of New Jersey. Two bedroom rental prices are higher than US average at $1,500; however, grocery cost index is also higher than US average at 102. Popular local companies include Downe Township Public Schools, Doc's Auto Body Shop & Repair, and Stokes Electric Incorporated. Downe also has a variety of amenities such as a library, parks, playgrounds, fitness centers, restaurants and retail stores.

Downe has an unemployment rate of 9.4%. The US average is 6.0%.

Downe has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.

Tax Rates for Downe
- The Sales Tax Rate for Downe is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Downe 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 Downe
- The average income of a Downe resident is $29,741 a year. The US average is $37,638 a year.
- The Median household income of a Downe resident is $55,379 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDowne, New JerseyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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