Colts Neck, NJ is a desirable place to live with a small population of 10,693. It is known for its luxurious mansions and rural charm. The 2 Bedroom Rent in Colts Neck is slightly higher than the US national average at $2,300 per month. The Grocery Cost Index in Colts Neck is also higher than the national average at 111 versus 100.
Despite the higher cost of living, Colts Neck has many local amenities and attractions that residents enjoy. Major employers in the area include iPlay America, Saker ShopRites Inc., and Greenfield Enterprises, while smaller local businesses like Katella Bakery & Cafe, Reiki Wellness Spa & Yoga Studio, and Brickwall Tavern & Dining Room offer unique shopping experiences for visitors. There are also plenty of outdoor activities to partake in - visitors can explore Princeton Battlefield State Park's historic trails or go golfing at nearby Manasquan River Golf Club. With so much to offer, it’s easy to see why Colts Neck remains a desirable place to call home!
Colts Neck (zip 07722) has an unemployment rate of 6.8%. The US average is 6.0%.
Colts Neck (zip 07722) 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 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Colts Neck (zip 07722)
- The Sales Tax Rate for Colts Neck (zip 07722) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Colts Neck (zip 07722) 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 Colts Neck (zip 07722)
- The average income of a Colts Neck (zip 07722) resident is $84,987 a year. The US average is $37,638 a year.
- The Median household income of a Colts Neck (zip 07722) resident is $180,208 a year. The US average is $69,021 a year.