Chesterfield, NJ (08515) is a small town in Burlington County with a population of about 7,000 people. The 2 Bedroom Rent in this area is around $2,100 per month which is significantly higher than the US average. For individuals looking to live here, it means that they will have to pay more for rent compared to other areas in the US. Furthermore, the grocery cost index here is 111 versus 100 in the US so groceries also come at a higher cost.
The small town has many local businesses like Frenchtown Deli & Catering Co., Chesterfield Farms Market LLC and Heilman's Auto Repair Center that offer services and goods to its residents. Although the costs can be high here, these local businesses help keep prices down as well as provide valuable services to those living here.
Chesterfield (zip 08515) has an unemployment rate of 6.4%. The US average is 6.0%.
Chesterfield (zip 08515) 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 Chesterfield (zip 08515)
- The Sales Tax Rate for Chesterfield (zip 08515) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Chesterfield (zip 08515) 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 Chesterfield (zip 08515)
- The average income of a Chesterfield (zip 08515) resident is $50,669 a year. The US average is $37,638 a year.
- The Median household income of a Chesterfield (zip 08515) resident is $160,781 a year. The US average is $69,021 a year.