Alloway, NJ (08001) is a small rural town in Salem County, New Jersey. The two bedroom rent in Alloway is $1,420 per month, which is slightly lower than the national average of $1,430. In terms of grocery costs, the cost index for Alloway is 102 versus 100 nationally. This means that groceries are slightly more expensive in Alloway than elsewhere in the US.
Alloway has a variety of local businesses that residents can access. For example, there’s the Alloway Car Wash & Detail Center for all your car washing needs and Atlantic Petroleum for any fuel requirements. For food shopping needs, residents can visit either Crossroads Plaza or K&K Supermarket. Additionally, there are many restaurants located around town such as The Glassworks Pub & Eatery and That Place On Main Street Eatery & Catering. All these businesses can be accessed easily by traveling along Route 40 or through the bus services offered by NJ Transit.
Alloway (zip 08001) has an unemployment rate of 8.5%. The US average is 6.0%.
Alloway (zip 08001) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 16.8%, which is lower than the US average of 33.5%.
Tax Rates for Alloway (zip 08001)
- The Sales Tax Rate for Alloway (zip 08001) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Alloway (zip 08001) 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 Alloway (zip 08001)
- The average income of a Alloway (zip 08001) resident is $25,745 a year. The US average is $28,555 a year.
- The Median household income of a Alloway (zip 08001) resident is $93,421 a year. The US average is $69,021 a year.