The town of Kenvil, NJ (07847) is a great place to live. The two bedroom rent averages $1,880, which is significantly higher than the US average of $1,430. Additionally, the grocery cost index is 104 compared to the US average of 100, so groceries tend to be a bit more expensive here. Local businesses in Kenvil include LEX Products, ACME Markets and Tractor Supply Company. Lex Products has been providing electrical solutions since 1989 and employs over 150 people locally. ACME Markets is a locally-owned grocery store and pharmacy that has been family-run for over 30 years and provides many convenient services. Finally, Tractor Supply Company specializes in selling power equipment as well as home improvement items like lawnmowers and paint supplies.
Kenvil (zip 07847) has an unemployment rate of 6.2%. The US average is 6.0%.
Kenvil (zip 07847) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Kenvil (zip 07847)
- The Sales Tax Rate for Kenvil (zip 07847) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Kenvil (zip 07847) 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 Kenvil (zip 07847)
- The average income of a Kenvil (zip 07847) resident is $37,967 a year. The US average is $28,555 a year.
- The Median household income of a Kenvil (zip 07847) resident is $69,583 a year. The US average is $69,021 a year.