Union Beach, NJ is a small town located in Monmouth County on the Jersey Shore. It offers a peaceful atmosphere away from the hustle and bustle of larger cities but still has plenty of activities to do and places to explore. Popular local companies include Sandcastle Sheet Metal, Inc., T & A Electrical Contractors Inc., and J & M Auto Repair LLC. The cost of living in Union Beach is also quite reasonable. Rent for a two bedroom apartment averages $1,360 per month which is slightly lower than the national average of $1,430. Grocery costs are also favorable with a grocery cost index that is 104 versus 100 in the US. All these factors make Union Beach an attractive place to live or visit.
Union Beach has an unemployment rate of 6.8%. The US average is 6.0%.
Union Beach 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 Union Beach
- The Sales Tax Rate for Union Beach is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Union Beach 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 Union Beach
- The average income of a Union Beach resident is $28,365 a year. The US average is $28,555 a year.
- The Median household income of a Union Beach resident is $114,028 a year. The US average is $69,021 a year.