Rio Grande, NJ is a great place to call home. Not only is the two bedroom rent cost lower than the US rent average ($1,410 compared to $1,430), but groceries are also more affordable with a grocery cost index of 104 versus 100 in the US. Local businesses include Maynes Marine LLC, an engine repair shop, Kaighn Avenue Automall, an auto dealership, and Back Bay Inn & Cottages for accommodations. There are also a variety of restaurants and shops like La Hacienda Mexican Restaurant and Rio Surfer Skate Shop.
Rio Grande has an unemployment rate of 12.5%. The US average is 6.0%.
Rio Grande has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.
Tax Rates for Rio Grande
- The Sales Tax Rate for Rio Grande is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Rio Grande 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 Rio Grande
- The average income of a Rio Grande resident is $31,986 a year. The US average is $28,555 a year.
- The Median household income of a Rio Grande resident is $79,517 a year. The US average is $69,021 a year.