Lavallette, NJ is a small beach town located on the Jersey Shore. It has a vibrant community and an abundance of amenities to offer its residents. During the summer months, tourists flock to the beaches to enjoy swimming, sunbathing, and other outdoor activities. The area also features numerous restaurants and shops that cater to locals and visitors alike. Locals can enjoy convenience stores like Shoprite or Acme as well as specialty shops like LuLu's Boutique or Boardwalk Fudge & Saltwater Taffy. The cost of living in Lavallette is slightly higher than the national average with a two bedroom rent at $1,400 compared to $1,430 in the US. Grocery costs are also slightly higher with an index of 109 versus 100 in the US. All in all, Lavallette offers a peaceful beach oasis that allows locals to enjoy life by the shore while providing easy access to necessities only a short drive away.
Lavallette has an unemployment rate of 7.5%. The US average is 6.0%.
Lavallette 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 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Lavallette
- The Sales Tax Rate for Lavallette is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Lavallette 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 Lavallette
- The average income of a Lavallette resident is $44,640 a year. The US average is $28,555 a year.
- The Median household income of a Lavallette resident is $98,438 a year. The US average is $69,021 a year.