Tinton Falls, NJ is a great place to live for those looking for an affordable yet comfortable lifestyle. The town of Tinton Falls is home to many well-known companies such as Amazon, Best Buy, and Verizon Wireless. The cost of living in Tinton Falls is very reasonable when compared to the US average. For example, rent for a two bedroom apartment in Tinton Falls typically costs an average of $1,550 per month while the national average is just $1,430. Additionally, the grocery cost index in Tinton Falls is higher than the US average with its index at 105 versus 100 in the United States. All these factors combined make Tinton Falls a great option for those seeking a convenient and economical lifestyle on the East coast.
Tinton Falls has an unemployment rate of 6.8%. The US average is 6.0%.
Tinton Falls 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 Tinton Falls
- The Sales Tax Rate for Tinton Falls is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Tinton Falls 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 Tinton Falls
- The average income of a Tinton Falls resident is $41,772 a year. The US average is $28,555 a year.
- The Median household income of a Tinton Falls resident is $96,294 a year. The US average is $69,021 a year.