Bordentown, NJ (zip-code 08505) is a quaint city located in Burlington County with a population of just over 3,000 people. The 2 Bedroom Rent in the area is $1,550, which is slightly higher than the national average of $1,430. The grocery cost index in Bordentown is 105 versus 100 in the US. This means that groceries are 5% more expensive than other places in the country. It has an eclectic mix of small local businesses and franchises such as Etra Lake Brewing Co., Johnny's Pork Roll & Coffee Shop, Two Fish Bakery & Café and The Corner Pizza Place. Public transportation options are available with access to bus lines from NJ Transit and River Line Light Rail. With its small town charm and access to public transportation, Bordentown is an excellent place to live for those looking for an affordable option without sacrificing convenience.
Bordentown (zip 08505) has an unemployment rate of 6.4%. The US average is 6.0%.
Bordentown (zip 08505) 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 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Bordentown (zip 08505)
- The Sales Tax Rate for Bordentown (zip 08505) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Bordentown (zip 08505) 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 Bordentown (zip 08505)
- The average income of a Bordentown (zip 08505) resident is $39,233 a year. The US average is $28,555 a year.
- The Median household income of a Bordentown (zip 08505) resident is $98,479 a year. The US average is $69,021 a year.