Hancocks Bridge, NJ 08038 is a small town located in Salem County. This quaint town has plenty to offer its residents including great local companies such as South Jersey Fuel & Oil Co., Hancock Gas & Supply Company, and Maple Grove Printing & Copying. The median two-bedroom rent in this area is $1,270 per month while the national average for two-bedroom rent is $1,430. Additionally, the grocery cost index in Hancocks Bridge is 101 versus 100 in the US. With a small-town atmosphere and reasonable housing costs, Hancocks Bridge could be the perfect place to call home.
Hancocks Bridge (zip 08038) has an unemployment rate of 8.5%. The US average is 6.0%.
Hancocks Bridge (zip 08038) has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 16.8%, which is lower than the US average of 33.5%.
Tax Rates for Hancocks Bridge (zip 08038)
- The Sales Tax Rate for Hancocks Bridge (zip 08038) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hancocks Bridge (zip 08038) 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 Hancocks Bridge (zip 08038)
- The average income of a Hancocks Bridge (zip 08038) resident is $35,498 a year. The US average is $37,638 a year.
- The Median household income of a Hancocks Bridge (zip 08038) resident is $68,750 a year. The US average is $69,021 a year.