Columbia, NJ is an ideal location for those looking for a small-town feel close to big city amenities. Located in south central New Jersey, Columbia offers residents easy access to cities such as Philadelphia and Atlantic City. There are many local businesses such as Columbia Bank, Pro Shop Bowling Alley, and The Italian Connection Restaurant catering to the needs of the local community. \nThe cost of living in Columbia is slightly higher than US averages with an average 2 bedroom rent of $1,620 compared to $1,430 nationally; groceries are also slightly more expensive at 106 versus 100 index points respectively. Nonetheless, Columbia presents a desirable combination of affordability and convenience.
Columbia has an unemployment rate of 7.0%. The US average is 6.0%.
Columbia has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Columbia
- The Sales Tax Rate for Columbia is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Columbia 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 Columbia
- The average income of a Columbia resident is $49,472 a year. The US average is $37,638 a year.
- The Median household income of a Columbia resident is $95,625 a year. The US average is $69,021 a year.