Zip 08003 (Springdale, NJ) Economy


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Springdale, NJ (08003) is a great place to rent a two-bedroom apartment. The average rent for a two-bedroom apartment is $2,210, which is much higher than the national average of $1,430. Grocery costs in Springdale are also slightly higher than the national average as the Grocery Cost Index in Springdale is 108 versus 100 in the US. While housing and groceries may be more expensive in Springdale, its residents benefit from living near plenty of local companies. Notable employers include Clearview Regional Medical Center and United Parcel Service. Other major companies located in Springdale include Covanta Energy Corporation, GAF Materials Corporation, Johns Manville Inc., and Progistics Distribution LLC. With the diverse range of businesses operating out of Springdale, it’s no wonder that so many people choose to call this town home!

Springdale (zip 08003) has an unemployment rate of 5.0%. The US average is 6.0%.

Springdale (zip 08003) 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 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Springdale (zip 08003)
- The Sales Tax Rate for Springdale (zip 08003) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Springdale (zip 08003) 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 Springdale (zip 08003)
- The average income of a Springdale (zip 08003) resident is $50,813 a year. The US average is $28,555 a year.
- The Median household income of a Springdale (zip 08003) resident is $138,472 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpringdale, New JerseyUnited States
  56
  -5.8%-6.2%
  30.2%33.5%
  6.6%6.2%
  5.5%4.6%
  $62,312$37,638
  $138,472$69,021
  $153,764$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  3.9%6.8%
  7.0%10.0%
  2.1%2.5%
  8.4%11.0%
  3.1%4.8%
  0.8%0.8%
  2.0%1.9%
  8.6%4.7%
  2.6%1.9%
  12.1%7.6%
  0.0%0.1%
  2.7%4.2%
  13.4%9.3%
  15.0%14.0%
  3.6%2.1%
  5.9%7.0%
  4.2%4.8%
  4.6%4.7%
Health