Lake Como, NJ is a great destination for those looking to experience the beauty of nature. Located in Monmouth County, Lake Como is surrounded by the famous Jersey Shore and offers plenty of exciting activities. Renting a two-bedroom apartment here can cost around $1,610, which is slightly higher than the US average of $1,430. Not only that, but groceries here also tend to be more expensive with a Grocery Cost Index of 107 versus 100 in the US. Despite this, Lake Como remains a popular destination due to its natural beauty and vibrant community. Local businesses such as Balzano's Pizza & Grill and Beach Haven Fishery provide delicious meals and entertainment options for those visiting or living in Lake Como.
Lake Como has an unemployment rate of 6.8%. The US average is 6.0%.
Lake Como 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 Lake Como
- The Sales Tax Rate for Lake Como is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Lake Como 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 Lake Como
- The average income of a Lake Como resident is $32,353 a year. The US average is $28,555 a year.
- The Median household income of a Lake Como resident is $75,924 a year. The US average is $69,021 a year.