Howell, NJ Economy


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Howell, NJ is a great place to live. It is close to major cities like New York and Philadelphia and has plenty of local amenities like stores and restaurants. The rental prices for a two-bedroom apartment in Howell are about $1,680 per month, which is slightly more expensive than the national average of $1,430 per month. The cost of groceries in Howell is also higher with an index of 106 versus 100 for the US. There are plenty of local companies in the area such as Sunrise Senior Living, Saks Fifth Avenue OFF 5TH, JCPenney, and Weichert Realtors. Howell provides many opportunities for residents to enjoy their favorite activities while living comfortably within their budget.

Howell has an unemployment rate of 7.1%. The US average is 6.0%.

Howell has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.

Tax Rates for Howell
- The Sales Tax Rate for Howell is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Howell 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 Howell
- The average income of a Howell resident is $38,065 a year. The US average is $28,555 a year.
- The Median household income of a Howell resident is $118,961 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHowell, New JerseyUnited States
  7.16
  -6.6%-6.2%
  28.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $47,055$37,638
  $118,961$69,021
  $136,014$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  7.2%6.8%
  6.8%10.0%
  2.5%2.5%
  12.8%11.0%
  4.6%4.8%
  0.6%0.8%
  2.8%1.9%
  6.0%4.7%
  1.0%1.9%
  8.3%7.6%
  0.0%0.1%
  2.9%4.2%
  10.9%9.3%
  16.1%14.0%
  2.0%2.1%
  6.4%7.0%
  3.7%4.8%
  5.2%4.7%
Reviews for Howell
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It's a nice place to visit but living here is not that nice! Taxes are outrageous. Schools have a great reputation but they lack education. Superintendent and  More

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Over 13 years ago

Howell has grown into a snobs town. Taxes are extremely high since school super cares more about her salary and teachers' salary. Schools have a decent reputation, but  More

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I was thrilled when I moved here almost 11 years ago. People seemed nice and the place was safe. People are not nice! There was an influx of New Yorkers and along came  More

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