Point Pleasant Beach, NJ is a vibrant city located in the state of New Jersey. It is known for its beautiful beaches and plenty of recreational activities such as fishing and boating. The cost of living in Point Pleasant Beach is slightly higher than the national average with the 2 Bedroom rent being $1,690 compared to the US average of $1,430. Grocery cost index in the city is 107 versus 100 in the US. \nThe city hosts several businesses like Caffrey's Tavern and Bar, Jenkinson's Boardwalk and Martell's Tiki Bar which are popular local hotspots. Other companies include Hallmark Catering Service, Crane Farms LLC and Blackwater Sports & Marine Center - offering a wide selection of water sports rentals and boat charters.
Point Pleasant Beach has an unemployment rate of 7.5%. The US average is 6.0%.
Point Pleasant Beach 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 Point Pleasant Beach
- The Sales Tax Rate for Point Pleasant Beach is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Point Pleasant Beach 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 Point Pleasant Beach
- The average income of a Point Pleasant Beach resident is $44,029 a year. The US average is $28,555 a year.
- The Median household income of a Point Pleasant Beach resident is $108,919 a year. The US average is $69,021 a year.