Manalapan, NJ is a great place to live with many local opportunities. It has lower rent than the national average and is very reasonably priced for its proximity to New York City. Manalapan is also home to many businesses such as Joe's Bakery, Manalapan Auto Group, and Farina's Italian Restaurant. The grocery cost index in Manalapan is seven points higher than the national average showing how affordable it is to buy food here compared to other places in the nation. There are plenty of activities and attractions in town that make it a great place to call home.
Manalapan has an unemployment rate of 5.8%. The US average is 6.0%.
Manalapan 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 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Manalapan
- The Sales Tax Rate for Manalapan is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Manalapan 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 Manalapan
- The average income of a Manalapan resident is $46,008 a year. The US average is $28,555 a year.
- The Median household income of a Manalapan resident is $139,135 a year. The US average is $69,021 a year.