Barnegat township, NJ Economy


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Barnegat, NJ is a vibrant community located in Ocean County. It has plenty of local businesses and amenities, such as the Barnegat Lighthouse State Park, Barnegat Bay Yacht Club, and Tice's Corner Market Place. Rent for two-bedroom apartments in Barnegat averages around $1,740, which is slightly more expensive than the national average of $1,430. Grocery items are also more expensive in Barnegat with a grocery cost index that is 104 compared to 100 nationally. With these factors taken into account, living in Barnegat still offers an attractive lifestyle for those who choose to make it their home.

Barnegat township has an unemployment rate of 7.5%. The US average is 6.0%.

Barnegat township 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 Barnegat township
- The Sales Tax Rate for Barnegat township is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Barnegat township 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 Barnegat township
- The average income of a Barnegat township resident is $30,353 a year. The US average is $28,555 a year.
- The Median household income of a Barnegat township resident is $81,658 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBarnegat township, New JerseyUnited States
  7.56
  -6.6%-6.2%
  28.0%33.5%
  6.6%6.2%
  5.5%4.6%
  $38,770$37,638
  $81,658$69,021
  $91,527$85,028
  Population by Occupation
  0.3%1.2%
  0.2%0.5%
  5.0%6.8%
  3.4%10.0%
  1.8%2.5%
  17.5%11.0%
  4.0%4.8%
  2.7%0.8%
  1.3%1.9%
  5.3%4.7%
  2.7%1.9%
  5.0%7.6%
  0.0%0.1%
  3.1%4.2%
  13.2%9.3%
  17.1%14.0%
  1.6%2.1%
  5.5%7.0%
  3.1%4.8%
  7.3%4.7%
Reviews for Barnegat township
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Over 17 years ago

I've lived in Barnegat for 5 years. I have several children in the school system. I have been pleased with the education they recieve. The amount of money spent on  More

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