Skillman, NJ is a small town located in Somerset County. Despite its size, it’s a popular place to call home with its affordable rent of $2,260 for two bedroom apartments. Its cost of living is also favorable as the Grocery Cost Index stands at 111 in comparison to the US average of 100.
This town has much to offer residents who call it home. Local companies such as Skillman Veterinary Clinic and Skillman Zoo are popular choices for people looking to do business or visit attractions in the area. For those looking to explore natural wonders, Sourland Mountain Preserve is a must-see and features trails, scenic views, and educational programs for all ages.
Skillman has an unemployment rate of 6.3%. The US average is 6.0%.
Skillman 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 23.7%, which is lower than the US average of 33.5%.
Tax Rates for Skillman
- The Sales Tax Rate for Skillman is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Skillman 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 Skillman
- The average income of a Skillman resident is $31,772 a year. The US average is $28,555 a year.
- The Median household income of a Skillman resident is $121,471 a year. The US average is $69,021 a year.