Runnemede, NJ Economy


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Runnemede, NJ is a vibrant town located in Camden County. It has a range of businesses and amenities to enjoy. Two bedroom rent here is slightly lower than nationwide averages at $1,270 monthly. The Grocery Cost Index is slightly higher than the US average at 102 versus 100. Some local companies in Runnemede include Merab Realty Co., Inc., Anselmi & Associates PC Attorneys At Law, and TD Bank. All in all, the cost of living in Runnemede is reasonable compared to other areas in the country.

Runnemede has an unemployment rate of 8.0%. The US average is 6.0%.

Runnemede 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 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Runnemede
- The Sales Tax Rate for Runnemede is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Runnemede 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 Runnemede
- The average income of a Runnemede resident is $26,394 a year. The US average is $28,555 a year.
- The Median household income of a Runnemede resident is $80,302 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRunnemede, New JerseyUnited States
  86
  -5.8%-6.2%
  27.8%33.5%
  6.6%6.2%
  5.5%4.6%
  $34,466$37,638
  $80,302$69,021
  $98,402$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  7.2%6.8%
  8.1%10.0%
  6.0%2.5%
  12.8%11.0%
  5.8%4.8%
  0.2%0.8%
  1.6%1.9%
  4.6%4.7%
  1.0%1.9%
  5.7%7.6%
  0.2%0.1%
  3.7%4.2%
  11.7%9.3%
  14.1%14.0%
  3.7%2.1%
  6.5%7.0%
  3.8%4.8%
  3.3%4.7%
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