Zip 08735 (Lavallette, NJ) Economy


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Lavallette, New Jersey (08735) is a great place to call home. The two-bedroom rent is $1,400, which is slightly lower than the US average of $1,430. The grocery cost index in Lavallette is 109 versus the US average of 100. This means that groceries are slightly more expensive in this area than in other areas of the US. Living in Lavallette also offers many amenities such as convenient access to local businesses like Bayside Hardware & Supply Co., All Seaside Realty, and Maxson's Boatyard & Marina. With its affordable housing prices and close proximity to local services, Lavallette offers an ideal cost of living for those looking to settle down or start a family.

Lavallette (zip 08735) has an unemployment rate of 7.5%. The US average is 6.0%.

Lavallette (zip 08735) 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 Lavallette (zip 08735)
- The Sales Tax Rate for Lavallette (zip 08735) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Lavallette (zip 08735) 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 Lavallette (zip 08735)
- The average income of a Lavallette (zip 08735) resident is $48,265 a year. The US average is $28,555 a year.
- The Median household income of a Lavallette (zip 08735) resident is $76,768 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLavallette, New JerseyUnited States
  7.56
  -6.6%-6.2%
  28.0%33.5%
  6.6%6.2%
  5.5%4.6%
  $64,726$37,638
  $76,768$69,021
  $122,471$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  11.6%6.8%
  3.3%10.0%
  6.6%2.5%
  11.0%11.0%
  3.9%4.8%
  1.6%0.8%
  2.7%1.9%
  8.2%4.7%
  4.0%1.9%
  10.2%7.6%
  0.0%0.1%
  3.2%4.2%
  12.3%9.3%
  9.4%14.0%
  1.7%2.1%
  2.7%7.0%
  4.8%4.8%
  2.6%4.7%
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