Roosevelt, NJ is a small town located in Monmouth County. It has an estimated population of 1,756 people and is known for its peaceful atmosphere. The cost of living in Roosevelt, NJ is slightly higher than the US national average. For example, 2-bedroom rent is $2,100 versus $1,430 in the US. Additionally, the grocery cost index in Roosevelt is 105 compared to 100 nationally.
Local companies include Kimball Farm Supply which provides a range of products for farmers and pet owners; as well as AAMCO Transmissions & Total Car Care which specializes in transmission repair and car care services. Other local companies are Groomingdale's Pet Spa & Boutique which offers pet grooming services and The Bike Stop which sells bikes and bike accessories.
Overall, Roosevelt offers its citizens a peaceful atmosphere with costs that are slightly higher than the national average.
Roosevelt has an unemployment rate of 6.8%. The US average is 6.0%.
Roosevelt 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 Roosevelt
- The Sales Tax Rate for Roosevelt is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Roosevelt 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 Roosevelt
- The average income of a Roosevelt resident is $30,981 a year. The US average is $28,555 a year.
- The Median household income of a Roosevelt resident is $99,911 a year. The US average is $69,021 a year.