Millstone, NJ is a small city located in New Jersey. It is a charming area with lots of amenities and activities. The cost of living in Millstone is slightly higher than the national average, with an average two-bedroom rent being $2,000 compared to the US average of $1,430. The Grocery Cost Index in Millstone is 109 versus 100 in the US. Local companies include Millstone Gardeners Supply, Groceries & More Convenience Store and Millstone Café. All these establishments offer unique services that are sure to make Millstone a great place for residents and visitors alike. In comparison to the US as a whole, Millstone provides competitive prices on goods and services while maintaining its charm and providing quality amenities.
Millstone township (Monmouth County) has an unemployment rate of 6.8%. The US average is 6.0%.
Millstone township (Monmouth County) 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 Millstone township (Monmouth County)
- The Sales Tax Rate for Millstone township (Monmouth County) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Millstone township (Monmouth County) 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 Millstone township (Monmouth County)
- The average income of a Millstone township (Monmouth County) resident is $71,837 a year. The US average is $37,638 a year.
- The Median household income of a Millstone township (Monmouth County) resident is $187,102 a year. The US average is $69,021 a year.