Burlington, NJ is a great place to live for those looking for an affordable cost of living. The average 2 bedroom rent in Burlington is $1,370 which is slightly below the US average of $1,430. Additionally, the Grocery Cost Index in Burlington is 104 compared to 100 in the US which means groceries are slightly more expensive than the national average. Local businesses and services include Ponzio’s Diner, Casa del Sol Restaurant & Bar, Big Tree Farms Market, and Burlington County Library System. Living in Burlington can be an enjoyable experience with its great restaurants, markets and local library system.
Burlington city has an unemployment rate of 6.4%. The US average is 6.0%.
Burlington city has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Burlington city
- The Sales Tax Rate for Burlington city is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Burlington city 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 Burlington city
- The average income of a Burlington city resident is $33,838 a year. The US average is $37,638 a year.
- The Median household income of a Burlington city resident is $73,045 a year. The US average is $69,021 a year.