Mystic Island, NJ is a small town located in Ocean County that offers affordable living for its residents. The average rent of a two-bedroom apartment in Mystic Island is $1,640 and the Grocery Cost Index is 102 compared to the national US average of 100. Despite its small size, Mystic Island has a vibrant business district with companies such as Eileens Ocean Café, Joan’s Fish Market, ZPizza, and Save-A-Lot providing goods and services to the local population. In addition to retail businesses, there are healthcare centers like Southern Regional Medical Group and Wellness Centers providing essential medical services to the community. With its charming beaches, lively communities, and reasonable prices of living Mystic Island makes an attractive destination for people looking for homes or places to relax.
Mystic Island has an unemployment rate of 7.5%. The US average is 6.0%.
Mystic Island 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 Mystic Island
- The Sales Tax Rate for Mystic Island is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Mystic Island 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 Mystic Island
- The average income of a Mystic Island resident is $29,235 a year. The US average is $28,555 a year.
- The Median household income of a Mystic Island resident is $60,589 a year. The US average is $69,021 a year.