Berlin township, NJ Economy


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Berlin, NJ is a great place to live for people looking for an affordable lifestyle. With two bedroom rents at only $1,410 compared to the US average of $1,430, and a Grocery Cost Index at 103 compared to 100 in the US, people can enjoy a cost-effective lifestyle. The area has many local companies such as Allied Electric Supply Co., Leedom Estates Golf Club and NJ Motorsports Park that offer employment opportunities and recreational activities. Other amenities include movie theaters, shopping centers, restaurants and parks that provide entertainment options. Berlin also offers many quality schools and healthcare services that make it an ideal community for families.

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

Berlin township 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 Berlin township
- The Sales Tax Rate for Berlin township is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Berlin township 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 Berlin township
- The average income of a Berlin township resident is $27,616 a year. The US average is $28,555 a year.
- The Median household income of a Berlin township resident is $84,564 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBerlin township, New JerseyUnited States
  86
  -5.8%-6.2%
  27.8%33.5%
  6.6%6.2%
  5.5%4.6%
  $35,200$37,638
  $84,564$69,021
  $97,986$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  19.9%6.8%
  7.5%10.0%
  3.1%2.5%
  9.0%11.0%
  2.4%4.8%
  1.9%0.8%
  0.0%1.9%
  4.0%4.7%
  0.0%1.9%
  3.6%7.6%
  0.2%0.1%
  8.8%4.2%
  1.5%9.3%
  19.0%14.0%
  0.8%2.1%
  10.4%7.0%
  5.8%4.8%
  2.2%4.7%
Health
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