Glassboro, NJ is a vibrant town located in South Jersey near the Delaware border. It is home to Rowan University, which contributes to its highly educated population. Glassboro is home to many different businesses such as an Amazon warehouse, Regal Ware, Inc., Owens Corning and The Bancorp Bank. The housing market in Glassboro offers great value for families looking to settle down. The average 2 bedroom rent rate of $1,730 falls just slightly higher than the U.S. average of $1,430 however grocery cost index in Glassboro is 3% higher than the U.S., meaning that groceries may be slightly more expensive than other areas of the country.
Glassboro has an unemployment rate of 7.3%. The US average is 6.0%.
Glassboro has seen the job market decrease by -5.9% 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 Glassboro
- The Sales Tax Rate for Glassboro is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Glassboro 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 Glassboro
- The average income of a Glassboro resident is $31,550 a year. The US average is $37,638 a year.
- The Median household income of a Glassboro resident is $71,608 a year. The US average is $69,021 a year.