Hampton, NJ (08827) has a higher average two-bedroom rent of $1,680 compared to the US average of $1,430. This is in part due to the number of businesses and employers located in the area. Local companies that are based in Hampton include Linde Engineering Division, an engineering firm offering construction services throughout New Jersey; Essex Crane Rental Corporation, providing crane rental services for industrial and commercial projects; and B&B Environmental LLC, which provides hazardous waste management services. Additionally, groceries are slightly more expensive with a grocery cost index of 105 versus 100 in the US.
Hampton (zip 08827) has an unemployment rate of 5.9%. The US average is 6.0%.
Hampton (zip 08827) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 22.4%, which is lower than the US average of 33.5%.
Tax Rates for Hampton (zip 08827)
- The Sales Tax Rate for Hampton (zip 08827) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hampton (zip 08827) 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 Hampton (zip 08827)
- The average income of a Hampton (zip 08827) resident is $48,654 a year. The US average is $28,555 a year.
- The Median household income of a Hampton (zip 08827) resident is $111,793 a year. The US average is $69,021 a year.