Zip 08002 (Cherry Hill Mall, NJ) Economy


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Cherry Hill Mall, NJ (08002) is a vibrant community, boasting an average 2 bedroom rent of $1,860 and a grocery cost index of 105. It is home to many local businesses such as the Cherry Hill Mall Shopping Center, TD Bank, Enterprise Rent-A-Car, Wells Fargo Bank, Wawa, The Melting Pot restaurant and more. The mall features great shopping and dining options that make it popular with locals and tourists alike. Additionally, it offers easy access to nearby attractions like Adventure Aquarium and Camden Children’s Garden. With its strong economy and exciting range of activities to choose from, Cherry Hill Mall is the perfect place for residents to call home.

Cherry Hill Mall (zip 08002) has an unemployment rate of 5.0%. The US average is 6.0%.

Cherry Hill Mall (zip 08002) 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 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Cherry Hill Mall (zip 08002)
- The Sales Tax Rate for Cherry Hill Mall (zip 08002) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Cherry Hill Mall (zip 08002) 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 Cherry Hill Mall (zip 08002)
- The average income of a Cherry Hill Mall (zip 08002) resident is $34,434 a year. The US average is $28,555 a year.
- The Median household income of a Cherry Hill Mall (zip 08002) resident is $93,651 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCherry Hill Mall, New JerseyUnited States
  56
  -5.8%-6.2%
  30.2%33.5%
  6.6%6.2%
  5.5%4.6%
  $44,133$37,638
  $93,651$69,021
  $106,769$85,028
  Population by Occupation
  0.9%1.2%
  0.1%0.5%
  5.0%6.8%
  7.9%10.0%
  2.9%2.5%
  11.4%11.0%
  5.2%4.8%
  0.5%0.8%
  2.3%1.9%
  4.5%4.7%
  0.9%1.9%
  10.0%7.6%
  0.2%0.1%
  2.1%4.2%
  8.4%9.3%
  16.2%14.0%
  1.6%2.1%
  8.9%7.0%
  5.2%4.8%
  5.8%4.7%
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