Weymouth, NJ is a thriving residential town with plenty to offer. It has a population of just over 2,500 people and is home to many successful companies such as Weymouth Builders and Weymouth Group. The average two bedroom rent in Weymouth is $1,850 which is slightly more expensive than the US average of $1,430. Grocery costs in Weymouth also tend to be higher than most other areas with an index level of 102 versus the US which has an index level of 100. Despite this though, overall the cost of living in Weymouth is slightly more affordable than most other parts of the country making it an attractive option for those looking to settle down in a suburban area.
Weymouth has an unemployment rate of 11.6%. The US average is 6.0%.
Weymouth has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Weymouth
- The Sales Tax Rate for Weymouth is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Weymouth 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 Weymouth
- The average income of a Weymouth resident is $27,921 a year. The US average is $28,555 a year.
- The Median household income of a Weymouth resident is $61,314 a year. The US average is $69,021 a year.