Belmar, NJ is a great place to live with plenty of local attractions and businesses. Rent for a two bedroom residence in Belmar is $1,660 per month which is higher than the national average of $1,430. Groceries are also slightly more expensive in Belmar as the Grocery Cost Index is 107 when compared to 100 nationally.
Living in Belmar has many advantages for its residents. Local companies include national chains such as Walmart, Home Depot and Best Buy as well as local institutions like The Corner Café, Belmar Seafood Market and NJ Long Board Surf Shop. There are also many outdoor activities located nearby such as camping and hiking at Allaire State Park and kayaking or fishing on the Manasquan River.
Overall, Belmar may be slightly more expensive than other areas but it offers so much more in terms of convenience and recreation for its inhabitants. With lots of local businesses and attractions to explore, you won’t regret making this coastal town your new home!
Belmar (zip 07719) has an unemployment rate of 6.4%. The US average is 6.0%.
Belmar (zip 07719) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Belmar (zip 07719)
- The Sales Tax Rate for Belmar (zip 07719) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Belmar (zip 07719) 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 Belmar (zip 07719)
- The average income of a Belmar (zip 07719) resident is $57,043 a year. The US average is $37,638 a year.
- The Median household income of a Belmar (zip 07719) resident is $105,707 a year. The US average is $69,021 a year.