Blackwood, New Jersey (08012) is an attractive and desirable locale for both business and residential living. With a 2 bedroom rent at $1,500/month, it is more affordable than the US average of $1,430. Additionally, the Grocery Cost Index in Blackwood is 104 compared to the national average of 100, meaning groceries are surprisingly more affordable in this area.
There are numerous businesses located in Blackwood such as The Black Horse Inn Restaurant & Pub, 4U Auto Body Collision Center LLC, Bellisimo Hair & Nail Salon, and DriveNation Automotive Group. Many other restaurants and stores can be found near by as well! Blackwood was recently designated as a \"Main Street Community\" by the State of New Jersey to encourage businesses to create a thriving downtown environment.
Blackwood (zip 08012) has an unemployment rate of 7.0%. The US average is 6.0%.
Blackwood (zip 08012) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Blackwood (zip 08012)
- The Sales Tax Rate for Blackwood (zip 08012) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Blackwood (zip 08012) 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 Blackwood (zip 08012)
- The average income of a Blackwood (zip 08012) resident is $29,777 a year. The US average is $28,555 a year.
- The Median household income of a Blackwood (zip 08012) resident is $84,053 a year. The US average is $69,021 a year.