Gibbsboro, NJ is a great place to live and work. The cost of living is reasonable, as evidenced by the 2 bedroom rent at $2,230, which is cheaper than the US average of $1,430. Additionally, grocery costs are slightly higher than the national average with an index score of 103 versus 100. The city offers plenty of job opportunities with local companies such as Gibbsboro Glass Company, Somers Point Electric Company, and South Jersey Medical Imaging Center. There are also several parks and recreational activities for one to enjoy. Overall, Gibsboro provides a great quality of life for residents with its reasonable cost of living and ample job opportunities on offer.
Gibbsboro has an unemployment rate of 8.0%. The US average is 6.0%.
Gibbsboro 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 Gibbsboro
- The Sales Tax Rate for Gibbsboro is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Gibbsboro 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 Gibbsboro
- The average income of a Gibbsboro resident is $35,183 a year. The US average is $28,555 a year.
- The Median household income of a Gibbsboro resident is $95,000 a year. The US average is $69,021 a year.