Haddon, NJ is a charming borough located in Camden County. It is known for its low crime rate and great schools making it a desirable place to live. The cost of living in Haddon is higher than the average US city due to the 2 bedroom rent being $1,530 compared to the US average of $1,430. Additionally, the grocery cost index is 106 as opposed to 100 nationally. There are several local companies in Haddon such as Cooper University Hospital, Virtua Health Systems and ISM Connect. Though the cost of living is a bit more expensive than other places in New Jersey, it still offers a safe and vibrant atmosphere that people from all walks of life can enjoy.
Haddon has an unemployment rate of 8.0%. The US average is 6.0%.
Haddon 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 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Haddon
- The Sales Tax Rate for Haddon is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Haddon 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 Haddon
- The average income of a Haddon resident is $38,399 a year. The US average is $28,555 a year.
- The Median household income of a Haddon resident is $101,411 a year. The US average is $69,021 a year.