Stewartsville, NJ Economy


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Stewartsville, NJ is a small suburban town that boasts a friendly atmosphere and excellent quality of life. The cost of living in Stewartsville is slightly higher than the US average, with 2 bedroom rent being $1,760 compared to the US average of $1,430. It also has a Grocery Cost Index of 106 versus 100 in the US. There are several local businesses such as Merlin’s Hardware, WLH Realty LLC, and G&R Cycle & ATV that serve the community and contribute to its economy. Overall, Stewartsville is an attractive option for those seeking a safe and comfortable place to live while enjoying easy access to larger cities nearby.

Stewartsville has an unemployment rate of 7.0%. The US average is 6.0%.

Stewartsville has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.

Tax Rates for Stewartsville
- The Sales Tax Rate for Stewartsville is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Stewartsville 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 Stewartsville
- The average income of a Stewartsville resident is $18,335 a year. The US average is $28,555 a year.
- The Median household income of a Stewartsville resident is $121,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStewartsville, New JerseyUnited States
  76
  -6.0%-6.2%
  24.5%33.5%
  6.6%6.2%
  5.5%4.6%
  $52,543$37,638
  $121,125$69,021
  $139,464$85,028
  Population by Occupation
  2.6%1.2%
  0.0%0.5%
  9.3%6.8%
  10.0%10.0%
  0.0%2.5%
  12.3%11.0%
  2.6%4.8%
  0.0%0.8%
  0.0%1.9%
  6.3%4.7%
  3.0%1.9%
  3.3%7.6%
  0.0%0.1%
  7.1%4.2%
  11.9%9.3%
  20.8%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  10.8%4.7%
Health
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