New Hanover, NJ is a great place to live with many local businesses and attractions. The average two bedroom rent is slightly higher than the national average at $2,030 compared to $1,430. Additionally, New Hanover residents have access to multiple grocery stores in the area with a cost index of 103 compared to 100 for the US. Local companies include Robert Hill Group Inc., The Framing Company and Design Center, and Prime Energies. Attractions nearby range from waterside activities such as fishing or boating on the riverfront or hiking trails through beautiful state parks like Belleplain State Forest. With an abundance of shopping centers, recreational activities and outdoor adventures, there's something for everyone in New Hanover!
New Hanover has an unemployment rate of 6.4%. The US average is 6.0%.
New Hanover 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 28.8%, which is lower than the US average of 33.5%.
Tax Rates for New Hanover
- The Sales Tax Rate for New Hanover is 6.6%. The US average is 7.3%.
- The Income Tax Rate for New Hanover 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 New Hanover
- The average income of a New Hanover resident is $15,257 a year. The US average is $28,555 a year.
- The Median household income of a New Hanover resident is $108,636 a year. The US average is $69,021 a year.