07001 Avenel, NJ is a great place to live with rental rates that are moderately higher than the US average. The median rent for a 2 bedroom apartment in 07001 Avenel, NJ is $1,850 compared to the US rate of $1,430. Additionally, local grocery costs are also slightly higher, with an index of 104 versus 100 in the US. These moderate increases make Avenel an attractive place to live while maintaining affordability. Popular companies in the area include Farinha Auto Body Shop, Golden Touch Nails & Spa Inc., and Innova Health Services LLC. With its competitive rent prices and diverse selection of businesses, 07001 Avenel is an ideal neighborhood for many Americans looking for a comfortable place to call home.
Avenel (zip 07001) has an unemployment rate of 6.9%. The US average is 6.0%.
Avenel (zip 07001) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Avenel (zip 07001)
- The Sales Tax Rate for Avenel (zip 07001) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Avenel (zip 07001) 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 Avenel (zip 07001)
- The average income of a Avenel (zip 07001) resident is $24,203 a year. The US average is $28,555 a year.
- The Median household income of a Avenel (zip 07001) resident is $75,947 a year. The US average is $69,021 a year.