Zip 07088 (Vauxhall, NJ) Economy


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07088 Vauxhall, NJ is an attractive city to live in. The 2 bedroom rent in 07088 Vauxhall, NJ costs $1,910 which is higher than the US average of $1,430. Grocery Cost Index in 07088 Vauxhall, NJ is 104 versus 100 in the US. This makes the cost of living slightly more expensive than other towns and cities. Companies like B&H Photo Video Pro Audio, Tisho International LLC and KKJL Corporation have their headquarters here and provide plentiful job opportunities for locals. Additionally, the town offers great public transportation options for its residents to commute easily between nearby places.

Vauxhall (zip 07088) has an unemployment rate of 7.4%. The US average is 6.0%.

Vauxhall (zip 07088) 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 24.0%, which is lower than the US average of 33.5%.

Tax Rates for Vauxhall (zip 07088)
- The Sales Tax Rate for Vauxhall (zip 07088) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Vauxhall (zip 07088) 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 Vauxhall (zip 07088)
- The average income of a Vauxhall (zip 07088) resident is $22,719 a year. The US average is $28,555 a year.
- The Median household income of a Vauxhall (zip 07088) resident is $76,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVauxhall, New JerseyUnited States
  7.46
  -7.3%-6.2%
  24.0%33.5%
  6.6%6.2%
  5.5%4.6%
  $34,118$37,638
  $76,875$69,021
  $94,861$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.5%6.8%
  7.4%10.0%
  0.8%2.5%
  5.2%11.0%
  12.6%4.8%
  0.0%0.8%
  2.0%1.9%
  5.9%4.7%
  2.4%1.9%
  4.6%7.6%
  0.0%0.1%
  3.1%4.2%
  13.3%9.3%
  14.8%14.0%
  3.0%2.1%
  10.2%7.0%
  5.3%4.8%
  2.0%4.7%
Health