Rosenhayn, NJ Economy


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Rosenhayn, NJ is a small town located in Cumberland County with a population of approximately 1,500 people. It is relatively close to major cities like Philadelphia and Washington DC and offers plenty of recreational activities. Local companies in Rosenhayn include Smith Construction Company, Haddonfield Design Group, Ficarra Industries, and Home Grown Farms. The cost of living in Rosenhayn is slightly higher than the national average due to the 2 bedroom rental price of $1480 compared to the US average of $1430. Additionally, the Grocery Cost Index in Rosenhayn is 101 compared to 100 in the US. Despite the higher costs associated with living in Rosenhayn it offers its residents an excellent quality of life with access to jobs, entertainment and outdoor activities.

Rosenhayn has an unemployment rate of 9.4%. The US average is 6.0%.

Rosenhayn has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.

Tax Rates for Rosenhayn
- The Sales Tax Rate for Rosenhayn is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Rosenhayn 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 Rosenhayn
- The average income of a Rosenhayn resident is $24,646 a year. The US average is $28,555 a year.
- The Median household income of a Rosenhayn resident is $69,595 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRosenhayn, New JerseyUnited States
  9.46
  -4.7%-6.2%
  18.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $30,113$37,638
  $69,595$69,021
  $103,621$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  13.2%6.8%
  7.9%10.0%
  0.8%2.5%
  2.8%11.0%
  4.7%4.8%
  3.8%0.8%
  0.0%1.9%
  3.7%4.7%
  0.8%1.9%
  0.0%7.6%
  0.0%0.1%
  6.7%4.2%
  9.7%9.3%
  19.2%14.0%
  1.5%2.1%
  9.9%7.0%
  3.7%4.8%
  11.0%4.7%
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