Island Heights, NJ (08732) is a small picturesque town situated along the Toms River. The cost of living in Island Heights is slightly higher than the US average, with 2 bedroom rent costing $1,730 compared to the national average of $1,430. Grocery cost index in Island Heights stands at 105 versus 100 in the US. For those looking for local services and companies, there are plenty of options within the town. Notable among them include Coastal Cardiology, Island Heights Pharmacy, Island Heights Veterinary Hospital, Windward Real Estate, and Appalachian Eats & Treats. In addition to these businesses and services, Island Heights has plenty of recreational activities to engage in including fishing in the Tom River or on Barnegat Bay as well as hiking trails offering stunning views throughout town.
Island Heights (zip 08732) has an unemployment rate of 7.5%. The US average is 6.0%.
Island Heights (zip 08732) 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 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Island Heights (zip 08732)
- The Sales Tax Rate for Island Heights (zip 08732) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Island Heights (zip 08732) 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 Island Heights (zip 08732)
- The average income of a Island Heights (zip 08732) resident is $41,704 a year. The US average is $28,555 a year.
- The Median household income of a Island Heights (zip 08732) resident is $100,278 a year. The US average is $69,021 a year.