08015 Browns Mills, NJ is a thriving community with an economy that contributes positively to the state. It is home to numerous local businesses such as K & B Auto Repair, Alvernia Cleaners, and Riverside Inn. These companies provide employment opportunities for locals in the area and support the economy by contributing tax revenue. The average two bedroom rent in 08015 Browns Mills, NJ is $1,690, which is significantly higher than the US average of $1,430. Additionally, the Grocery Cost Index in 08015 Browns Mills, NJ is 103 compared to 100 in the US. This further highlights that this area has a strong economy and contributes to New Jersey's bottom line.
Browns Mills (zip 08015) has an unemployment rate of 6.4%. The US average is 6.0%.
Browns Mills (zip 08015) 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 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Browns Mills (zip 08015)
- The Sales Tax Rate for Browns Mills (zip 08015) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Browns Mills (zip 08015) 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 Browns Mills (zip 08015)
- The average income of a Browns Mills (zip 08015) resident is $35,136 a year. The US average is $37,638 a year.
- The Median household income of a Browns Mills (zip 08015) resident is $71,649 a year. The US average is $69,021 a year.