Buena Vista, NJ is a small town located in south Jersey. It is known for its proximity to the Atlantic Ocean and many beautiful beaches. This town is home to several different companies such as Beachfront Realty, Buena Vista Apparel Company, and Barnegat Bay Marina. These companies offer a multitude of job opportunities which help to sustain the local economy. The cost of living in Buena Vista is higher than the national average primarily due to an increase in 2 bedroom rent prices. Rent for 2 bedrooms is $1,530 compared to the US average of $1,430. The grocery cost index for Buena Vista is also higher than the US average of 100 by 2 points at 102. This price difference could be due to factors such as competition or increased taxes in Buena Vista. Despite this higher cost of living, Buena Vista remains a popular destination due to its scenic beaches and tight-knit community atmosphere.
Buena Vista has an unemployment rate of 11.6%. The US average is 6.0%.
Buena Vista has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Buena Vista
- The Sales Tax Rate for Buena Vista is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Buena Vista 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 Buena Vista
- The average income of a Buena Vista resident is $26,754 a year. The US average is $28,555 a year.
- The Median household income of a Buena Vista resident is $68,908 a year. The US average is $69,021 a year.