Springfield township (Burlington Cnty), NJ is a great place to live with plenty of amenities and local business. The cost of living is slightly higher than the US average, due to the 2 bedroom rent for $1,540 compared to $1,430 in the US. The grocery cost index in Springfield township (Burlington Cnty), NJ is 106 versus 100 in the US. \nThere are several local companies that provide services to the community in Springfield Township such as ShopRite Supermarkets, Burlington County Library System, and PennDOT Motor Vehicle Center. There are also numerous recreational activities such as golf courses, parks, fishing spots, and restaurants. People can enjoy shopping at the Moorestown Mall or spend time outdoors at Wallace House Park and Van Sciver Lake Park. In short, there are plenty of opportunities for residents to enjoy living in Springfield Township (Burlington Cnty), NJ.
Springfield has an unemployment rate of 6.4%. The US average is 6.0%.
Springfield 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 Springfield
- The Sales Tax Rate for Springfield is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Springfield 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 Springfield
- The average income of a Springfield resident is $41,339 a year. The US average is $28,555 a year.
- The Median household income of a Springfield resident is $126,997 a year. The US average is $69,021 a year.