Mauricetown, NJ (08329) is a small, rural community in Cumberland County. The population is just over 1,100 people. It is known for its rural charm and close-knit community. The 2 bedroom rent in Mauricetown is slightly higher than the US average at $1,740 compared to $1,430. Despite this higher cost of living, Mauricetown residents benefit from lower grocery costs thanks to a Grocery Cost Index of 103 compared to the US average of 100.
The area lacks large businesses but there are numerous small companies that serve as employers within the town such as W&W Contractors Inc., T&T Crabhouse & Seafood Restaurant and Protec Fire Protection Co., Inc. Additionally, due to its location on the Delaware Bay, some residents are able to find employment in fishing or oyster harvesting.
The main advantage of living in Mauricetown is the sense of community it provides where neighbors know each other well and help each other out when needed. On the other hand, the shortage of job opportunities means that many find it difficult to make ends meet while living here.
Mauricetown (zip 08329) has an unemployment rate of 9.4%. The US average is 6.0%.
Mauricetown (zip 08329) has seen the job market decrease by -4.7% 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 Mauricetown (zip 08329)
- The Sales Tax Rate for Mauricetown (zip 08329) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Mauricetown (zip 08329) 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 Mauricetown (zip 08329)
- The average income of a Mauricetown (zip 08329) resident is $20,310 a year. The US average is $37,638 a year.
- The Median household income of a Mauricetown (zip 08329) resident is $0 a year. The US average is $69,021 a year.