Zip 08520 (Hightstown, NJ) Economy


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8520 Hightstown, NJ is a small town located in the east coast of the United States. It has a population of 8,092 people and is known for its historic downtown area. The two-bedroom rent in Hightstown is $1,820 per month, which is slightly more than the US average of $1,430. However, grocery costs are relatively low compared to other areas with an index of 106 versus 100 in the US. Local businesses include Biggies Cafe & Diner, The Flour Shop Bakery, B&C Variety Store & Deli, and Kobey's Automotive Repair.

Hightstown (zip 08520) has an unemployment rate of 4.7%. The US average is 6.0%.

Hightstown (zip 08520) has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.

Tax Rates for Hightstown (zip 08520)
- The Sales Tax Rate for Hightstown (zip 08520) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hightstown (zip 08520) 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 Hightstown (zip 08520)
- The average income of a Hightstown (zip 08520) resident is $46,871 a year. The US average is $37,638 a year.
- The Median household income of a Hightstown (zip 08520) resident is $107,241 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHightstown, 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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