Lincroft, NJ is a charming small town just outside of New York City that offers its residents a peaceful retreat. The median two bedroom rent in Lincroft is significantly cheaper than the US average at $960 versus $1,430. Additionally, the cost of groceries is also lower compared to the US with an index of 109 versus 100. The area is home to many popular businesses such as Investors Bank and Lincroft Village Shoppes. Residents have access to a wide range of amenities including recreational activities like golfing at Hominy Hill Golf Course as well as plenty of parks and trails for outdoor enthusiasts. There are also numerous art galleries, restaurants, and other entertainment options available in Lincroft.
Lincroft has an unemployment rate of 6.8%. The US average is 6.0%.
Lincroft 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 Lincroft
- The Sales Tax Rate for Lincroft is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Lincroft 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 Lincroft
- The average income of a Lincroft resident is $53,920 a year. The US average is $28,555 a year.
- The Median household income of a Lincroft resident is $172,710 a year. The US average is $69,021 a year.