Franklin township (Gloucester Cnty), NJ is a great place to live and work. The rent for a two-bedroom apartment is $1,650, which is slightly higher than the US average of $1,430. Grocery cost index in Franklin Township (Gloucester Cnty), NJ is 103 versus 100 in the US. It has a variety of local businesses offering employment as well as services and products including Franklin Glass Company, Norwood's Animal Hospital, Hair-M-Done Barber Shop, The Cheese Cave deli and specialty store, and Shady Brook Farms produce stand. There are also plenty of recreational activities such as parks, walking trails, golf courses and more to enjoy. All in all it makes Franklin Township (Glouester Cnty), NJ an ideal place to live and work.
Franklin township (Gloucester County) has an unemployment rate of 7.3%. The US average is 6.0%.
Franklin township (Gloucester County) 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 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Franklin township (Gloucester County)
- The Sales Tax Rate for Franklin township (Gloucester County) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Franklin township (Gloucester County) 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 Franklin township (Gloucester County)
- The average income of a Franklin township (Gloucester County) resident is $30,367 a year. The US average is $28,555 a year.
- The Median household income of a Franklin township (Gloucester County) resident is $86,754 a year. The US average is $69,021 a year.