Zip 08316 (Dorchester, NJ) 

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Economy in Zip 08316 (Dorchester, NJ)

Dorchester (zip 08316) has an unemployment rate of 9.4%. The US average is 6.0%.

Dorchester (zip 08316) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.

Tax Rates for Dorchester (zip 08316)
- The Sales Tax Rate for Dorchester (zip 08316) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Dorchester (zip 08316) 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 Dorchester (zip 08316)
- The average income of a Dorchester (zip 08316) resident is $23,876 a year. The US average is $28,555 a year.
- The Median household income of a Dorchester (zip 08316) resident is $43,950 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYDorchester, New JerseyUnited States
  9.4%6.0%
  -4.7%-6.2%
  18.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $20,692$31,177
  $44,519$57,652
  $44,135$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.0%0.6%
  15.9%6.2%
  15.2%10.4%
  0.0%2.7%
  12.8%11.6%
  0.0%4.1%
  11.6%0.9%
  0.0%2.1%
  0.0%4.7%
Real estate, rental, leasing3.0%1.9%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Dorchester (zip 08316)


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