Mantoloking, NJ Economy


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Mantoloking, NJ is a small borough located in Ocean County. It is known for its clean beaches and peaceful atmosphere. The rent for a two-bedroom apartment in Mantoloking is $1,600 compared to the national average of $1,430. Grocery cost index in Mantoloking is 117 versus 100 in the US. There are a few local companies that have made their home in Mantoloking including The Crust & Crumb Bakery and Cafe, Thomas & Associates Real Estate Agency, and Vito's Pizzeria. These businesses bring great value to the local community with their delicious baked goods, real estate services, and delicious Italian food.

Mantoloking has an unemployment rate of 7.5%. The US average is 6.0%.

Mantoloking 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 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Mantoloking
- The Sales Tax Rate for Mantoloking is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Mantoloking 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 Mantoloking
- The average income of a Mantoloking resident is $96,973 a year. The US average is $28,555 a year.
- The Median household income of a Mantoloking resident is $177,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMantoloking, New JerseyUnited States
  7.56
  -6.6%-6.2%
  28.0%33.5%
  6.6%6.2%
  5.5%4.6%
  $115,021$37,638
  $177,813$69,021
  $184,375$85,028
  Population by Occupation
  3.7%1.2%
  0.0%0.5%
  0.5%6.8%
  9.1%10.0%
  7.0%2.5%
  5.9%11.0%
  0.0%4.8%
  0.0%0.8%
  1.6%1.9%
  21.4%4.7%
  4.3%1.9%
  26.7%7.6%
  0.0%0.1%
  1.1%4.2%
  4.8%9.3%
  5.9%14.0%
  4.8%2.1%
  1.1%7.0%
  1.1%4.8%
  1.1%4.7%
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