South Toms River, NJ is a great place to live, with plenty of local businesses and attractions. The cost of living is reasonable too, as the average rent for a two-bedroom apartment is only $1,560 per month, which is slightly higher than the national average of $1,430. In addition, grocery costs are also slightly higher than the national average at 101 compared to 100 in the US. Visitors to South Toms River can take advantage of many attractions including Picatinny Arsenal Shooting Range and Beachwood Beach State Park. Local businesses such as D'Jais Bar & Grill and Coney Waffle offer unique dining experiences while nearby stores like Walmart and TJ Maxx provide excellent shopping options.
South Toms River has an unemployment rate of 7.5%. The US average is 6.0%.
South Toms River 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 South Toms River
- The Sales Tax Rate for South Toms River is 6.6%. The US average is 7.3%.
- The Income Tax Rate for South Toms River 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 South Toms River
- The average income of a South Toms River resident is $18,131 a year. The US average is $28,555 a year.
- The Median household income of a South Toms River resident is $87,924 a year. The US average is $69,021 a year.