Springdale, NJ Economy


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Springdale, NJ is a wonderful and vibrant city located in the Northeastern United States. With a population of over 65,000 people, this city offers great amenities for everyone. The housing market in Springdale is quite competitive with 2 bedroom rentals going for $2,250 compared to the national average of $1,430. This increase is due to the higher demand for housing in the area. Additionally, groceries are slightly more expensive with an index score of 108 versus 100 in the US.
Apart from being home to major companies such as Amazon and Walmart, Springdale also has several local businesses such as Big Joe's Pizza & Subs where you can grab some delicious lunch and dinner options without breaking your bank. Furthermore, there are many boutique shops throughout town that offer unique clothing and jewelry items at affordable prices. All these factors combined make Springdale an attractive location especially considering its high quality of life and safe environment.

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

Springdale 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 Springdale
- The Sales Tax Rate for Springdale is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Springdale 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 Springdale
- The average income of a Springdale resident is $60,514 a year. The US average is $28,555 a year.
- The Median household income of a Springdale resident is $153,641 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpringdale, New JerseyUnited States
  86
  -5.8%-6.2%
  27.8%33.5%
  6.6%6.2%
  5.5%4.6%
  $67,970$37,638
  $153,641$69,021
  $163,367$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  3.0%6.8%
  6.0%10.0%
  2.8%2.5%
  9.4%11.0%
  1.4%4.8%
  1.1%0.8%
  2.4%1.9%
  9.6%4.7%
  1.8%1.9%
  12.3%7.6%
  0.0%0.1%
  1.7%4.2%
  16.6%9.3%
  16.7%14.0%
  3.0%2.1%
  3.4%7.0%
  3.5%4.8%
  5.4%4.7%
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