Strathmere, NJ is a beach town located on the Jersey Shore. With its breathtaking views and easy access to the beach, it's no wonder why people flock here during summer months. The cost of living in Strathmere is slightly higher than the US average, with a 2 bedroom rent being $1,800 as compared to $1,430 nationally. Grocery costs in Strathmere are also higher at 113 versus 100 in the US. Local businesses include Big Wave Beach Wear, which sells beach apparel for all occasions; Adventure Island Rentals, offering kayak and paddleboard rentals; and Miller’s Sea Salted Caramel Company, boasting delicious homemade caramels. With its upbeat summer atmosphere and higher than average cost of living, Strathmere is an ideal spot for vacationers looking to relax on Jersey’s shoreline.
Strathmere has an unemployment rate of 12.5%. The US average is 6.0%.
Strathmere has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.
Tax Rates for Strathmere
- The Sales Tax Rate for Strathmere is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Strathmere 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 Strathmere
- The average income of a Strathmere resident is $131,424 a year. The US average is $28,555 a year.
- The Median household income of a Strathmere resident is $117,917 a year. The US average is $69,021 a year.