Brookdale, NJ Economy


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Brookdale, NJ is a great place to live. It has an affordable cost of living, with the 2 bedroom rent being only $1,740 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Brookdale is 105 versus 100 in the US; this means that groceries are slightly more expensive here, but still within most budgets. In terms of employment opportunities, Brookdale is home to several large companies such as Atlantic Health Systems and Accenture that offer competitive salaries and excellent benefits packages. There are also many small businesses in Brookdale that provide local jobs and contribute to the city's economic growth.

Brookdale has an unemployment rate of 9.6%. The US average is 6.0%.

Brookdale 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 20.9%, which is lower than the US average of 33.5%.

Tax Rates for Brookdale
- The Sales Tax Rate for Brookdale is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Brookdale 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 Brookdale
- The average income of a Brookdale resident is $42,777 a year. The US average is $28,555 a year.
- The Median household income of a Brookdale resident is $141,953 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBrookdale, New JerseyUnited States
  9.66
  -7.3%-6.2%
  20.9%33.5%
  6.6%6.2%
  5.5%4.6%
  $53,595$37,638
  $141,953$69,021
  $156,881$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  3.7%6.8%
  8.1%10.0%
  1.7%2.5%
  11.8%11.0%
  3.7%4.8%
  0.3%0.8%
  5.9%1.9%
  6.9%4.7%
  0.8%1.9%
  12.0%7.6%
  0.8%0.1%
  1.6%4.2%
  11.7%9.3%
  15.1%14.0%
  2.1%2.1%
  3.8%7.0%
  4.6%4.8%
  4.9%4.7%
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