Florence, NJ is a small town with a population of 8,518 people. The 2 bedroom rent in Florence is $1,340 while the US average is $1,430. Grocery Cost Index in Florence is 103 versus the US average of 100. Located in Burlington County in South Jersey, Florence has several local businesses that contribute to the local economy. Companies such as RSI Home Products, United States Cold Storage and The Trident Group are big players in the area although there are many other smaller companies operating as well. All these businesses help the local economy by providing employment opportunities and contributing to the tax base.
Florence (zip 08518) has an unemployment rate of 6.4%. The US average is 6.0%.
Florence (zip 08518) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Florence (zip 08518)
- The Sales Tax Rate for Florence (zip 08518) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Florence (zip 08518) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Florence (zip 08518)
- The average income of a Florence (zip 08518) resident is $40,002 a year. The US average is $37,638 a year.
- The Median household income of a Florence (zip 08518) resident is $88,431 a year. The US average is $69,021 a year.