Zip 07803 (Mine Hill, NJ) Economy


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07803 Mine Hill, NJ is a wonderful place to live with many local businesses. From home improvement stores like Home Depot and Lowe's to dining options like Petes Deli and Charlie Brown's Steakhouse, there are plenty of businesses just a short drive away. The grocery cost index in Mine Hill is 104 compared to 100 in the US, making it an affordable place to shop for food. 2 Bedroom rent in Mine Hill is $1,940 which is slightly higher than the US average of $1,430. With its convenient location and variety of local businesses nearby, 07803 Mine Hill, NJ is an ideal place to call home.

Mine Hill (zip 07803) has an unemployment rate of 6.2%. The US average is 6.0%.

Mine Hill (zip 07803) 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 Mine Hill (zip 07803)
- The Sales Tax Rate for Mine Hill (zip 07803) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Mine Hill (zip 07803) 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 Mine Hill (zip 07803)
- The average income of a Mine Hill (zip 07803) resident is $35,246 a year. The US average is $28,555 a year.
- The Median household income of a Mine Hill (zip 07803) resident is $100,327 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMine Hill, New JerseyUnited States
  6.26
  -7.3%-6.2%
  23.5%33.5%
  6.6%6.2%
  5.5%4.6%
  $42,196$37,638
  $100,327$69,021
  $96,640$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  13.0%6.8%
  15.3%10.0%
  2.7%2.5%
  12.3%11.0%
  2.5%4.8%
  0.5%0.8%
  2.2%1.9%
  6.1%4.7%
  0.0%1.9%
  9.7%7.6%
  0.0%0.1%
  2.8%4.2%
  5.4%9.3%
  11.1%14.0%
  0.6%2.1%
  4.4%7.0%
  5.6%4.8%
  4.9%4.7%
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