Winfield, NJ Economy


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Winfield, NJ is a small town situated in New Jersey. It is known for its affordability and many local businesses. Rent for two bedroom homes averages around $1,510 which is slightly more than the national average of $1,430. Grocery costs in Winfield are also higher than the US average at 104 compared to 100 for the US. Some of the most popular local businesses include Winfield's Bar & Grill, Chai Paani Indian Café, and The Inn at Winfield Village. Winfield offers residents an affordable living option while being close enough to Philadelphia and other nearby cities for activities and entertainment.

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

Winfield has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Winfield
- The Sales Tax Rate for Winfield is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Winfield 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 Winfield
- The average income of a Winfield resident is $30,921 a year. The US average is $28,555 a year.
- The Median household income of a Winfield resident is $59,348 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWinfield, New JerseyUnited States
  86
  -7.3%-6.2%
  22.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $38,020$37,638
  $59,348$69,021
  $84,671$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.0%6.8%
  13.0%10.0%
  2.3%2.5%
  5.0%11.0%
  11.8%4.8%
  0.9%0.8%
  1.2%1.9%
  2.6%4.7%
  1.1%1.9%
  9.6%7.6%
  0.0%0.1%
  6.9%4.2%
  5.8%9.3%
  15.6%14.0%
  3.2%2.1%
  4.8%7.0%
  3.8%4.8%
  6.6%4.7%
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