West Belmar, NJ is a coastal town with beautiful beaches and an active nightlife. It has become increasingly popular among those looking for family-friendly activities or a short weekend getaway from the hustle and bustle of city life. Even though rent for 2 bedroom apartments in West Belmar, NJ is slightly higher than the US average of $1,430, the Grocery Cost Index is only 107 versus 100 in the US. This makes it an affordable place to live. Major local companies in West Belmar include Jersey Shore Bait & Tackle, Country Convenience Store and Ignition Martial Arts Academy.
West Belmar has an unemployment rate of 6.8%. The US average is 6.0%.
West Belmar has seen the job market decrease by -6.6% 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 West Belmar
- The Sales Tax Rate for West Belmar is 6.6%. The US average is 7.3%.
- The Income Tax Rate for West Belmar 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 West Belmar
- The average income of a West Belmar resident is $48,065 a year. The US average is $37,638 a year.
- The Median household income of a West Belmar resident is $94,850 a year. The US average is $69,021 a year.