Avon-by-the-Sea, NJ is a small coastal town situated in Monmouth County. It is a popular destination for beachgoers and those wishing to take advantage of local amenities. The cost of rent for a two bedroom apartment in Avon-by-the-Sea is slightly higher than the national average at $1,620; however, groceries tend to be slightly cheaper, with an index of 114 compared to 100 nationally.
The area offers a wide range of businesses and services. Some notable companies based in Avon-by-the-Sea include: JH Real Estate Group who specialize in luxury real estate and property management; The Corner Bar & Grill which offer casual dining and fresh seafood; Beachwood Bakery & Café which specializes in artisanal pastries and homemade cakes; Osborne Real Estate Agency which provides home buying services; and MST Fitness & Wellness – a health club offering fitness classes, personal training and more.
Avon-by-the-Sea has an unemployment rate of 6.8%. The US average is 6.0%.
Avon-by-the-Sea 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 Avon-by-the-Sea
- The Sales Tax Rate for Avon-by-the-Sea is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Avon-by-the-Sea 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 Avon-by-the-Sea
- The average income of a Avon-by-the-Sea resident is $81,279 a year. The US average is $37,638 a year.
- The Median household income of a Avon-by-the-Sea resident is $95,781 a year. The US average is $69,021 a year.