Shamong, NJ is a small town located in New Jersey with an enviable quality of life. The rent for two-bedroom apartments is slightly higher than the national average at $2,040. This shows that the cost of living is a bit higher in Shamong than elsewhere in the US. Despite this difference, Shamong offers some great advantages to its residents such as access to top-notch education and services from local companies such as KF Propane Inc., A Plus Auto Service LLC, and On Time Courier Express. The Grocery Cost Index in Shamong is 106 compared to 100 for the rest of the United States, which makes it even more attractive for families looking for high-quality food items at reasonable prices. With its small-town charm but big city amenities, Shamong has something to offer everyone!
Shamong has an unemployment rate of 6.4%. The US average is 6.0%.
Shamong has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Shamong
- The Sales Tax Rate for Shamong is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Shamong 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 Shamong
- The average income of a Shamong resident is $40,030 a year. The US average is $28,555 a year.
- The Median household income of a Shamong resident is $111,326 a year. The US average is $69,021 a year.