Swedesboro, NJ is a small town located in Gloucester County that offers its residents an easy lifestyle. The residential rental prices for a 2 bedroom apartment are slightly higher than the US average, however the overall cost of living in Swedesboro is lower than the US average due to the lower grocery cost index.
The town's economy is based mainly around agriculture with some notable companies such as Blueberry Hill Farm and Mann Packing. It also has a historical landmark – Old Town Hall which was built in 1795 and served as a school building from 1864 to 1953. Swedesboro offers its residents many recreational activities like golfing, biking, fishing and more.
Swedesboro has an unemployment rate of 7.3%. The US average is 6.0%.
Swedesboro 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 Swedesboro
- The Sales Tax Rate for Swedesboro is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Swedesboro 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 Swedesboro
- The average income of a Swedesboro resident is $28,665 a year. The US average is $28,555 a year.
- The Median household income of a Swedesboro resident is $80,000 a year. The US average is $69,021 a year.