Hammonton, NJ is a small town located in Atlantic County with a population of around 15,000 people. It is known for its affordability and convenience with the average two bedroom rent being $1,550 compared to the US average of $1,430. The cost of groceries is also slightly higher in Hammonton with an index of 103 compared to the US average of 100.The town also has a variety of local businesses that contribute to the community such as Joe Canal’s Discount Liquor Outlet, Braum's Ice Cream & Dairy Store, and Yarnitas Market Place. There are plenty more shops and restaurants that make Hammonton a great place to live!
Hammonton has an unemployment rate of 11.6%. The US average is 6.0%.
Hammonton has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Hammonton
- The Sales Tax Rate for Hammonton is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hammonton 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 Hammonton
- The average income of a Hammonton resident is $29,891 a year. The US average is $28,555 a year.
- The Median household income of a Hammonton resident is $76,804 a year. The US average is $69,021 a year.