Navesink, NJ is a small town located on the banks of the Navesink River. It is well-known for its close proximity to New York City and its culture that combines the best of both suburban and urban components. The cost of living in Navesink is slightly higher than the US average, with 2 Bedroom rentals costing $1,480 compared to the US average of $1,430. Similarly, there is a Grocery Cost Index at 108 versus 100 in the US. Despite this, Navesink residents can benefit from local employers including Bellworks Tech Hub and Hartshorne Woods Park. Here one can find plenty of job opportunities in fields such as tech, business, retail and hospitality.
Navesink has an unemployment rate of 6.8%. The US average is 6.0%.
Navesink 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 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Navesink
- The Sales Tax Rate for Navesink is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Navesink 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 Navesink
- The average income of a Navesink resident is $77,553 a year. The US average is $28,555 a year.
- The Median household income of a Navesink resident is $113,537 a year. The US average is $69,021 a year.