Blackwells Mills, NJ is a great place to live and work. The city has an array of local companies including Blackwell's Mills Grocery Store, Blackwells Mills Pharmacy, and Blackwells Mills Barber Shop. It is also conveniently located near major metropolitan areas in the tri-state area. The two bedroom rent in the city is relatively high at $2,250 compared to the national average of $1,430. Other expenses are also more expensive with a grocery cost index of 105 versus 100 nationally. Despite the higher costs of living in Blackwells Mills, this city remains an attractive option for potential residents due to its close proximity to major cities and access to local businesses.
Blackwells Mills has an unemployment rate of 6.3%. The US average is 6.0%.
Blackwells Mills has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.
Tax Rates for Blackwells Mills
- The Sales Tax Rate for Blackwells Mills is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Blackwells Mills 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 Blackwells Mills
- The average income of a Blackwells Mills resident is $73,454 a year. The US average is $37,638 a year.
- The Median household income of a Blackwells Mills resident is $209,855 a year. The US average is $69,021 a year.