08086 Thorofare, NJ is a great place to live. The cost of living is fairly low, with an average two bedroom rent of $1,770 and a grocery cost index of 103 versus 100 in the US. This small town offers easy access to Philadelphia via the PATCO train line and boasts a variety of local businesses such as LaVerdi's Market, Egghouse Café, and Red Bank Veterinary Hospital. With its quaint downtown area, plenty of parks and trails nearby, and affordable cost of living, 08086 Thorofare is an ideal place to call home.
Thorofare (zip 08086) has an unemployment rate of 7.3%. The US average is 6.0%.
Thorofare (zip 08086) has seen the job market decrease by -5.9% 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 Thorofare (zip 08086)
- The Sales Tax Rate for Thorofare (zip 08086) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Thorofare (zip 08086) 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 Thorofare (zip 08086)
- The average income of a Thorofare (zip 08086) resident is $44,571 a year. The US average is $37,638 a year.
- The Median household income of a Thorofare (zip 08086) resident is $76,875 a year. The US average is $69,021 a year.