Beverly, NJ is a great place to live with lots of local businesses and plenty of activities for people of all ages. Not only is the rent affordable in Beverly (2 bedroom rent for $1,590 compared to $1,430 nationally), but its Grocery Cost Index (103 versus 100 nationally) ensures that you get good value for your money. Some well-known local companies in Beverly include Joe’s Pizza & Subs, The Classic Cafe & Grill, and Bryant’s Florist. With numerous parks nearby such as Wilfred Park, Livingston Park and Gaunt Park along with public schools rated above average by Greatschools.org, Beverly is a safe and desirable place to live.
Beverly has an unemployment rate of 6.4%. The US average is 6.0%.
Beverly has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Beverly
- The Sales Tax Rate for Beverly is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Beverly 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 Beverly
- The average income of a Beverly resident is $35,829 a year. The US average is $37,638 a year.
- The Median household income of a Beverly resident is $84,234 a year. The US average is $69,021 a year.