Phillipsburg, NJ (08865) is a great place to live and work. With a population of over 14,000 people, Phillipsburg offers convenient access to stores, restaurants, and other attractions. It also boasts a strong economy with several major employers in the area such as Amazon Fulfillment Center, St. Luke's Hospital- Warren Campus, WalMart Distribution Center, and Easton Coach Company. The average two bedroom rent in Phillipsburg is $1,480 which is slightly higher than the US average of $1,430 but still quite affordable. Additionally the Grocery Cost Index in Phillipsburg is 102 versus 100 in the US indicating that grocery prices are relatively low here compared to elsewhere. All these factors make Phillipsburg an attractive choice for those seeking a good quality of life while still living within their means.
Phillipsburg (zip 08865) has an unemployment rate of 7.0%. The US average is 6.0%.
Phillipsburg (zip 08865) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Phillipsburg (zip 08865)
- The Sales Tax Rate for Phillipsburg (zip 08865) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Phillipsburg (zip 08865) 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 Phillipsburg (zip 08865)
- The average income of a Phillipsburg (zip 08865) resident is $27,509 a year. The US average is $28,555 a year.
- The Median household income of a Phillipsburg (zip 08865) resident is $66,779 a year. The US average is $69,021 a year.