Spotswood, NJ (08844) is a great place to live with access to many amenities. The average 2 bedroom rent is $1,710, which is significantly higher than the US average of $1,430. Grocery Cost Index in Spotswood is also higher than the national average at 105 compared to 100 in the US. \nThe area boasts many local companies such as Xpress Bagel Cafe & Deli and Tino's Pizza & Italian Restaurant which make living in Spotswood enjoyable and convenient. Spotswood is also home to the historic Thompson Park where visitors can enjoy picnic areas, trails, and ponds or take part in educational programs offered by the park. Additionally, Spotswood is known for its excellent school system and family friendly parks and recreation centers. All of these amenities make it an ideal place to call home.
Spotswood (zip 08884) has an unemployment rate of 6.9%. The US average is 6.0%.
Spotswood (zip 08884) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Spotswood (zip 08884)
- The Sales Tax Rate for Spotswood (zip 08884) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Spotswood (zip 08884) 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 Spotswood (zip 08884)
- The average income of a Spotswood (zip 08884) resident is $40,245 a year. The US average is $37,638 a year.
- The Median household income of a Spotswood (zip 08884) resident is $92,188 a year. The US average is $69,021 a year.