Barrington, NJ Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Barrington, NJ is a great place to live for those looking for an affordable lifestyle while still having access to good services. The average two bedroom rent in Barrington is $1,250 per month, which is significantly lower than the national average of $1,430 per month. Additionally, the grocery cost index in Barrington is 105 compared to 100 in the US – making food prices slightly higher than average. With plenty of local businesses such as retail stores like Target and Stop & Shop, and restaurants including El Mariachi Mexican Grill & Seafood Restaurant and Zinburger Wine & Burger Bar, you will find all the essentials needed for comfortable living.

Barrington has an unemployment rate of 8.0%. The US average is 6.0%.

Barrington 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 Barrington
- The Sales Tax Rate for Barrington is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Barrington 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 Barrington
- The average income of a Barrington resident is $31,835 a year. The US average is $28,555 a year.
- The Median household income of a Barrington resident is $73,380 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBarrington, New JerseyUnited States
  86
  -5.8%-6.2%
  27.8%33.5%
  6.6%6.2%
  5.5%4.6%
  $39,791$37,638
  $73,380$69,021
  $104,455$85,028
  Population by Occupation
  0.0%1.2%
  1.4%0.5%
  4.0%6.8%
  8.0%10.0%
  1.6%2.5%
  10.2%11.0%
  4.0%4.8%
  0.3%0.8%
  1.2%1.9%
  3.0%4.7%
  1.4%1.9%
  10.1%7.6%
  0.0%0.1%
  4.1%4.2%
  11.6%9.3%
  23.4%14.0%
  3.0%2.1%
  3.1%7.0%
  5.4%4.8%
  4.3%4.7%
Health
Compare Barrington, NJ
cost of living
Compare food, housing, utilities, and more in Barrington, New Jersey to any other city in the US.