Zip 08832 (Keasbey, NJ) Economy


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Keasbey, NJ (08832) is a great place to live because it offers an affordable cost of living along with numerous local employers. The median two-bedroom rent in Keasbey is $1,820 which is significantly lower than the U.S median rent of $1,430 per month. Additionally, the Grocery Cost Index in Keasbey is 104 versus 100 in the US; this means that groceries will be slightly more expensive in Keasbey than elsewhere in the country.
Families looking to settle down in Keasbey are fortunate as there are many major companies located nearby such as Amazon, RWJBarnabas Health, Edison Properties, and Rutgers University. All these businesses provide plenty of job opportunities for residents living within the area. Furthermore, New Jersey also offers its residents an abundance of recreational activities such as fishing trips on Raritan River or camping trips at Delaware Water Gap National Recreation Area. Therefore, Keasbey NJ (08832) is a great place to live due to its reasonable cost of living and access to various local employers and recreational activities.

Keasbey (zip 08832) has an unemployment rate of 6.9%. The US average is 6.0%.

Keasbey (zip 08832) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.

Tax Rates for Keasbey (zip 08832)
- The Sales Tax Rate for Keasbey (zip 08832) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Keasbey (zip 08832) 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 Keasbey (zip 08832)
- The average income of a Keasbey (zip 08832) resident is $25,674 a year. The US average is $37,638 a year.
- The Median household income of a Keasbey (zip 08832) resident is $71,071 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKeasbey, New JerseyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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