Barnegat Light is a small town in New Jersey with a population of around 1,000 people. Rent for two-bedroom apartments is slightly higher than the US average at $1,450 per month. Grocery costs have seen an increase compared to the national average index, reaching 112 versus 100 in the US. Barnegat Light is home to some great local businesses such as Nardi's Pizza and Beach Haven Bakery. There are also many small stores like Beach Haven Hardware and Morin's Garage that sell all kinds of supplies for locals living in the area. With its beautiful scenery and easy access to both ocean and bay activities, Barnegat Light has something for everyone.
Barnegat Light has an unemployment rate of 7.5%. The US average is 6.0%.
Barnegat Light 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 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Barnegat Light
- The Sales Tax Rate for Barnegat Light is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Barnegat Light 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 Barnegat Light
- The average income of a Barnegat Light resident is $51,321 a year. The US average is $37,638 a year.
- The Median household income of a Barnegat Light resident is $85,833 a year. The US average is $69,021 a year.