Haddon, NJ Economy


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Haddon, NJ is a charming borough located in Camden County. It is known for its low crime rate and great schools making it a desirable place to live. The cost of living in Haddon is higher than the average US city due to the 2 bedroom rent being $1,530 compared to the US average of $1,430. Additionally, the grocery cost index is 106 as opposed to 100 nationally. There are several local companies in Haddon such as Cooper University Hospital, Virtua Health Systems and ISM Connect. Though the cost of living is a bit more expensive than other places in New Jersey, it still offers a safe and vibrant atmosphere that people from all walks of life can enjoy.

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

Haddon has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Haddon
- The Sales Tax Rate for Haddon is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Haddon 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 Haddon
- The average income of a Haddon resident is $47,971 a year. The US average is $37,638 a year.
- The Median household income of a Haddon resident is $101,411 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHaddon, New JerseyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Haddon
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I've lived in NJ my entire life and now must leave as our real estate taxes are now 10% of our  More

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