Bloomsbury, NJ is a small town located in Hunterdon County with a population of roughly 1,500. It offers a peaceful and safe environment for families and individuals alike. The cost of living in Bloomsbury is higher than the national average, as 2 Bedroom rent in the area is usually around $1,820 compared to the national average at $1,430. However, grocery costs are actually lower with an index of 104 compared to 100 in the US.
Bloomsbury is home to several local businesses and attractions such as Prallsville Mills, an 18th century gristmill that now serves as an art museum and event venue. There’s also Koi Pond Cellars winery for those who enjoy fine wines. For outdoor activities, residents can visit Duke Farms or Sourland Mountain Preserve for some hiking and biking trails. All in all Bloomsbury provides its residents with a quiet suburban lifestyle while still providing plenty of fun things to do and see.
Bloomsbury has an unemployment rate of 5.9%. The US average is 6.0%.
Bloomsbury has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 22.4%, which is lower than the US average of 33.5%.
Tax Rates for Bloomsbury
- The Sales Tax Rate for Bloomsbury is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Bloomsbury 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 Bloomsbury
- The average income of a Bloomsbury resident is $40,475 a year. The US average is $28,555 a year.
- The Median household income of a Bloomsbury resident is $78,824 a year. The US average is $69,021 a year.