Forked River, New Jersey (08731) is a great place to live. The average two-bedroom rent in this area is $1,730, which is significantly higher than the US average of $1,430. Moreover, Forked River has higher grocery costs than the average U.S., with a Grocery Cost Index of 103 versus 100 in the US. There are several famous local companies in and around Forked River including Giamo Enterprises LLC, Ariel Lift Truck Services Inc., and Bruce Arthur & Associates Inc. All three companies specialize in professional services and offer an array of solutions for businesses and residents alike.
Forked River (zip 08731) has an unemployment rate of 8.3%. The US average is 6.0%.
Forked River (zip 08731) 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 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Forked River (zip 08731)
- The Sales Tax Rate for Forked River (zip 08731) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Forked River (zip 08731) 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 Forked River (zip 08731)
- The average income of a Forked River (zip 08731) resident is $44,942 a year. The US average is $37,638 a year.
- The Median household income of a Forked River (zip 08731) resident is $85,321 a year. The US average is $69,021 a year.