Northfield, NJ is a small town located in Atlantic County that offers a comfortable and relaxed atmosphere. The town is known for its charming downtown area with restaurants, shops, and small businesses. Local companies in Northfield include the Northfield Carpet Center, Northfield Pharmacy and Compounding Center, and the D'Alessandro Funeral Home. The cost of living in Northfield is slightly higher than the national average with the average two-bedroom rent being $2,080 compared to the US average of $1,430. Grocery cost index is also higher at 103 versus 100 in the US. Overall, Northfield provides residents with an enjoyable lifestyle with plenty of local amenities and businesses.
Northfield has an unemployment rate of 11.6%. The US average is 6.0%.
Northfield 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 Northfield
- The Sales Tax Rate for Northfield is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Northfield 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 Northfield
- The average income of a Northfield resident is $33,377 a year. The US average is $28,555 a year.
- The Median household income of a Northfield resident is $88,232 a year. The US average is $69,021 a year.