Williamstown, NJ is a small town located in Gloucester County. It is an idyllic community with a population of just over 8,200 people. The cost of living in Williamstown is slightly higher than the national average due to factors such as housing costs and grocery index. Although two bedroom rents are slightly higher at $1,460 compared to $1,430 in the US, the Grocery Cost Index in Williamstown is 103 versus 100 in the US. \nThe town has many local businesses that serve its residents including Westwood Pharmacy, Williamstown Veterinary Clinic and Wawa for everyday needs. There is also a selection of restaurants for dining out like Capriccio's Italian Grill and Peking Chinese Restaurant and Lounge. Local attractions include Turkey Swamp Park which offers outdoor activities such as hiking, camping and fishing as well as Raccoon Creek Miniature Golf Course for family fun days.
Williamstown has an unemployment rate of 7.3%. The US average is 6.0%.
Williamstown 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 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Williamstown
- The Sales Tax Rate for Williamstown is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Williamstown 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 Williamstown
- The average income of a Williamstown resident is $28,591 a year. The US average is $28,555 a year.
- The Median household income of a Williamstown resident is $85,302 a year. The US average is $69,021 a year.