Woodstown, NJ (08098) is a small town located in Salem County. The town has a population of around 4,000 people and offers a peaceful suburban lifestyle close to both Philadelphia and Atlantic City. With regards to housing, 2 bedroom rent in Woodstown is moderately priced at $1,370, lower than the US average of $1,430. In terms of local businesses, there are many small and large companies that call Woodstown home such as Dina's Pizza & Restaurant, Caruso Electric Corporation and the Success Group of Companies. Additionally the grocery cost index for Woodstown is 104 versus 100 in the US making it slightly more expensive to purchase food locally.
Woodstown (zip 08098) has an unemployment rate of 8.5%. The US average is 6.0%.
Woodstown (zip 08098) has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 16.8%, which is lower than the US average of 33.5%.
Tax Rates for Woodstown (zip 08098)
- The Sales Tax Rate for Woodstown (zip 08098) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Woodstown (zip 08098) 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 Woodstown (zip 08098)
- The average income of a Woodstown (zip 08098) resident is $48,891 a year. The US average is $37,638 a year.
- The Median household income of a Woodstown (zip 08098) resident is $108,281 a year. The US average is $69,021 a year.