Clinton township, NJ Economy


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Clinton township, NJ is a small town located in the South Jersey region that offers its citizens an excellent quality of life. The average rent for a two bedroom home in Clinton township is $2,230 which is slightly above the US average of $1,430. Furthermore, the grocery cost index in Clinton township is 106 compared to 100 in the US. This town has a number of local companies including MetLife Financial Services and PSE&G. With its higher rent but lower grocery prices, Clinton Township offers an affordable cost of living for its residents.

Clinton township has an unemployment rate of 5.9%. The US average is 6.0%.

Clinton township 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 Clinton township
- The Sales Tax Rate for Clinton township is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Clinton 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 Clinton township
- The average income of a Clinton township resident is $44,760 a year. The US average is $28,555 a year.
- The Median household income of a Clinton township resident is $147,448 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClinton township, New JerseyUnited States
  5.96
  -7.2%-6.2%
  22.4%33.5%
  6.6%6.2%
  5.5%4.6%
  $62,027$37,638
  $147,448$69,021
  $180,600$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  3.7%6.8%
  16.9%10.0%
  2.3%2.5%
  9.7%11.0%
  4.7%4.8%
  1.0%0.8%
  3.9%1.9%
  8.1%4.7%
  2.4%1.9%
  13.3%7.6%
  0.2%0.1%
  1.5%4.2%
  9.3%9.3%
  10.8%14.0%
  2.2%2.1%
  1.7%7.0%
  4.8%4.8%
  3.4%4.7%
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