Zip 08323 (Greenwich, NJ) Economy


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Greenwich, NJ (08323) is a small township located in Gloucester County with an estimated population of 1,803. The town is known for its friendly atmosphere and ample outdoor recreational activities. Residents of Greenwich enjoy the convenience of affordable 2 bedroom rent at $1,580 compared to the US average 2 bedroom rent cost at $1,430. Additionally, there is a Grocery Cost Index in Greenwich of 103 versus 100 in the US. Local companies include Bally's Total Fitness which provides personal and group fitness training and classes; Sweeney Stucco Plastering & Masonry which offers stucco services; Benco Electric Co which specializes in residential wiring and solar panel installations; and Spencer's Ice Cream Factory which produces delicious ice cream treats.

Greenwich (zip 08323) has an unemployment rate of 9.4%. The US average is 6.0%.

Greenwich (zip 08323) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.

Tax Rates for Greenwich (zip 08323)
- The Sales Tax Rate for Greenwich (zip 08323) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Greenwich (zip 08323) 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 Greenwich (zip 08323)
- The average income of a Greenwich (zip 08323) resident is $31,800 a year. The US average is $28,555 a year.
- The Median household income of a Greenwich (zip 08323) resident is $88,906 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreenwich, New JerseyUnited States
  9.46
  -4.7%-6.2%
  18.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $45,199$37,638
  $88,906$69,021
  $97,500$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  13.0%6.8%
  2.8%10.0%
  4.2%2.5%
  19.4%11.0%
  1.9%4.8%
  1.9%0.8%
  0.0%1.9%
  1.4%4.7%
  5.6%1.9%
  1.9%7.6%
  0.0%0.1%
  3.2%4.2%
  14.4%9.3%
  16.7%14.0%
  1.4%2.1%
  3.2%7.0%
  2.8%4.8%
  5.1%4.7%
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