Mullica Hill, New Jersey (08062) is a small town in Gloucester County. The average two-bedroom rent in Mullica Hill is $1440, which is slightly higher than the United States average of $1430. Additionally, the Grocery Cost Index in Mullica Hill is 109 compared to the US index of 100, indicating that grocery costs are higher here than elsewhere.
Mullica Hill's business community consists largely of small companies and local businesses. There are several popular restaurants such as The Farmhouse Cafe and Restaurant, as well as specialty stores like Faber's Garden Center and Mullica Hill Woodworking Shop. In addition, the town has a few tech-related companies such as Web Solutions NJ and E3 Technology Services LLC, providing services for web development and IT solutions respectively. All these businesses contribute to making Mullica Hill a thriving community with plenty of job opportunities for its citizens.
Mullica Hill (zip 08062) has an unemployment rate of 7.3%. The US average is 6.0%.
Mullica Hill (zip 08062) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Mullica Hill (zip 08062)
- The Sales Tax Rate for Mullica Hill (zip 08062) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Mullica Hill (zip 08062) 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 Mullica Hill (zip 08062)
- The average income of a Mullica Hill (zip 08062) resident is $55,531 a year. The US average is $37,638 a year.
- The Median household income of a Mullica Hill (zip 08062) resident is $144,468 a year. The US average is $69,021 a year.