Chesilhurst, NJ Economy


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Chesilhurst, NJ is an affordable town with a great quality of life. The median two bedroom rent in Chesilhurst is $1,370 which is significantly lower than the US median of $1,430. Furthermore, grocery costs are also lower with a Grocery Cost Index of 103 in Chesilhurst versus 100 in the US. Local businesses like Oceana Financial Services and Al's Auto Repair provide employment opportunities for residents while local restaurants like Pino's Pizza & Family Restaurant offer delicious eats.

Chesilhurst has an unemployment rate of 8.0%. The US average is 6.0%.

Chesilhurst has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Chesilhurst
- The Sales Tax Rate for Chesilhurst is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Chesilhurst 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 Chesilhurst
- The average income of a Chesilhurst resident is $24,387 a year. The US average is $28,555 a year.
- The Median household income of a Chesilhurst resident is $76,071 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChesilhurst, New JerseyUnited States
  86
  -5.8%-6.2%
  27.8%33.5%
  6.6%6.2%
  5.5%4.6%
  $34,612$37,638
  $76,071$69,021
  $88,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  17.3%6.8%
  8.2%10.0%
  0.3%2.5%
  11.3%11.0%
  6.3%4.8%
  0.7%0.8%
  0.0%1.9%
  5.6%4.7%
  3.3%1.9%
  4.0%7.6%
  0.0%0.1%
  3.6%4.2%
  7.1%9.3%
  13.1%14.0%
  3.2%2.1%
  4.5%7.0%
  3.9%4.8%
  7.5%4.7%
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