Collingswood, NJ (08108) is a great place to live. It has an affordable two-bedroom rent of $1,660, which is lower than the US average of $1,430. The cost of living is also relatively low compared to the US average, with a grocery cost index of 106 versus 100 in the US.
For those who want to enjoy affordable living without sacrificing city life amenities and attractions, Collingswood may be the perfect spot. There are plenty of local companies offering services ranging from restaurants and bars to unique stores and boutiques. Popular attractions include Knight Park for outdoor activities and Cooper River Park for picnics along the riverbank. Moreover, there are numerous art galleries and theaters in downtown Collingswood that contribute to its vibrant culture. With its affordability and convenient location near Philadelphia, it's no wonder why Collingswood is a popular destination for renters looking for a home away from home.
Collingswood (zip 08108) has an unemployment rate of 8.0%. The US average is 6.0%.
Collingswood (zip 08108) 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 Collingswood (zip 08108)
- The Sales Tax Rate for Collingswood (zip 08108) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Collingswood (zip 08108) 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 Collingswood (zip 08108)
- The average income of a Collingswood (zip 08108) resident is $52,307 a year. The US average is $37,638 a year.
- The Median household income of a Collingswood (zip 08108) resident is $99,087 a year. The US average is $69,021 a year.