Fair Haven, NJ 07704 is a vibrant community located in the heart of Monmouth County. With an average 2 bedroom rental rate of $2,080 and a grocery cost index of 112 compared to the US average of 100, it is an affordable area. The town has many top-rated companies such as Saker ShopRites, Inc., Oceanside Gardens Health Care Center, Fair Haven Day Camp & Nursery School and more who all contribute to making this neighborhood an ideal place to live. There are also numerous local attractions that make living here even more attractive like the Sea Bright Public Beach, Navesink Country Club, Henry Hudson Trail Park and many other outdoor recreation spots along the nearby shoreline.
Fair Haven (zip 07704) has an unemployment rate of 6.8%. The US average is 6.0%.
Fair Haven (zip 07704) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Fair Haven (zip 07704)
- The Sales Tax Rate for Fair Haven (zip 07704) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Fair Haven (zip 07704) 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 Fair Haven (zip 07704)
- The average income of a Fair Haven (zip 07704) resident is $65,104 a year. The US average is $28,555 a year.
- The Median household income of a Fair Haven (zip 07704) resident is $192,500 a year. The US average is $69,021 a year.