Delran, NJ Economy


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Delran, NJ is a great place to live for people seeking an affordable lifestyle. The median rent for a two bedroom in Delran, NJ is $1,590 compared to the US median rent of $1,430 for a similar size unit. In addition to being affordable, companies like Wildwood Programs, Inc., Children’s Regional Hospital at Cooper University Health Care, TD Bank and Alarm-Tech Security Solutions offer employment opportunities. Furthermore, the grocery cost index in Delran is 104 versus 100 in the US which suggests that food costs more than it does on average in the United States. All these factors make Delran a great option for those looking to find an affordable lifestyle.

Delran has an unemployment rate of 6.4%. The US average is 6.0%.

Delran 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 Delran
- The Sales Tax Rate for Delran is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Delran 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 Delran
- The average income of a Delran resident is $36,754 a year. The US average is $28,555 a year.
- The Median household income of a Delran resident is $94,428 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDelran, New JerseyUnited States
  6.46
  -5.8%-6.2%
  28.8%33.5%
  6.6%6.2%
  5.5%4.6%
  $45,448$37,638
  $94,428$69,021
  $113,080$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.5%6.8%
  10.9%10.0%
  2.3%2.5%
  7.9%11.0%
  4.6%4.8%
  0.8%0.8%
  1.9%1.9%
  7.4%4.7%
  2.8%1.9%
  7.9%7.6%
  0.4%0.1%
  1.9%4.2%
  12.3%9.3%
  14.9%14.0%
  1.0%2.1%
  5.8%7.0%
  3.4%4.8%
  6.3%4.7%
Reviews for Delran
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Over 13 years ago

The taxes we pay in the state of NJ & Delran is really forcing us to look into moveing to another  More

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Over 16 years ago

I grew up in this area and love living here. But I don't feel we can live here much longer due land taxes & car insurance. Delran is a great place to live but again we  More

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