Collings Lakes, NJ is a small town located in Burlington County with a population of about 5,400 people. It is situated between the outskirts of Philadelphia and the Jersey Shore making it an ideal location for those looking for some peace and quiet while still being close to city amenities. The rent for a 2 bedroom apartment in Collings Lakes is slightly higher than the US average at $1,460 per month. Additionally, prices at local grocery stores are higher than the national average with an index score of 103 versus 100 in the US. In Collings Lakes there are plenty of local businesses such as S&S Auto Repair & Towing, The Corner Deli Grocery Store and Tall Trees Landscaping & Design Inc., all offering quality services and products for the community.
Collings Lakes has an unemployment rate of 11.6%. The US average is 6.0%.
Collings Lakes has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Collings Lakes
- The Sales Tax Rate for Collings Lakes is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Collings Lakes 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 Collings Lakes
- The average income of a Collings Lakes resident is $30,922 a year. The US average is $28,555 a year.
- The Median household income of a Collings Lakes resident is $61,346 a year. The US average is $69,021 a year.