Burlington township, NJ is a vibrant township located in the state of New Jersey. It is a great place to live for those looking for an affordable lifestyle. The average two bedroom rent is $1,370 compared to the US two bedroom rent which is $1,430. The grocery cost index here is also significantly lower than the US index at 104 compared to 100.
Businesses and companies that are popular in Burlington Township include Home Depot, Target, Walgreens and Shoprite. There are also many local restaurants including Au Bon Pain, Starbucks, Chipotle and Applebee's. For those who enjoy outdoor activities there are plenty of parks such as Rancocas State Park which offers camping, hiking trails and kayaking opportunities.
Burlington township has an unemployment rate of 6.4%. The US average is 6.0%.
Burlington 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 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Burlington township
- The Sales Tax Rate for Burlington township is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Burlington 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 Burlington township
- The average income of a Burlington township resident is $32,298 a year. The US average is $28,555 a year.
- The Median household income of a Burlington township resident is $91,520 a year. The US average is $69,021 a year.