Knowlton, NJ is a small, quaint town located in the rural countryside of Hunterdon County. It is known for its rolling hills, breathtaking views, and unique local businesses. The cost of living in Knowlton is slightly higher than the US average; 2 bedroom rent is $1,630 compared to the US average of $1,430 and grocery costs are 6% higher than the national average. However, this increase in cost can be attributed to the presence of several popular local attractions and companies that offer unique experiences to residents. Some of these local businesses include Knowlton Country Market which offers fresh produce and prepared foods from local farmers, Full Circle Distillery featuring handcrafted spirits made from locally grown grains, and Sourland Mountain Spirits which offers handcrafted micro-distilled spirits crafted with locally sourced ingredients. Additionally, various museums and outdoor adventures such as fishing on Lake Hopatcong or hiking at Round Valley Recreation Area attract people from all over. Overall, Knowlton offers a unique experience through its charming atmosphere and its array of businesses and attractions.
Knowlton has an unemployment rate of 7.0%. The US average is 6.0%.
Knowlton has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Knowlton
- The Sales Tax Rate for Knowlton is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Knowlton 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 Knowlton
- The average income of a Knowlton resident is $37,647 a year. The US average is $28,555 a year.
- The Median household income of a Knowlton resident is $93,274 a year. The US average is $69,021 a year.