Deerfield, NJ is an attractive place to live due to its close proximity to major cities and amenities. It is situated in Burlington County, near the Delaware River. Renting a 2 bedroom apartment in Deerfield is slightly more than what it costs nationally at $1,480 compared to $1,430. The cost of groceries in Deerfield is also slightly higher than the national average with a grocery index of 101 versus 100 respectively. \nDeerfield offers a wide range of activities and attractions for residents, such as hiking trails at nearby Rancocas State Park or shopping outlets at South Jersey Premium Outlets. Businesses that call Deerfield home include Magellan Diagnostics Inc., Lockheed Martin and QVC.
Deerfield has an unemployment rate of 9.4%. The US average is 6.0%.
Deerfield has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Deerfield
- The Sales Tax Rate for Deerfield is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Deerfield 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 Deerfield
- The average income of a Deerfield resident is $27,735 a year. The US average is $28,555 a year.
- The Median household income of a Deerfield resident is $71,250 a year. The US average is $69,021 a year.