Leonardo, New Jersey (07737) is a small residential area located in the northern part of Monmouth County. Residents of Leonardo enjoy a quiet suburban atmosphere and beautiful ocean views, making it an ideal place to settle down. The average rent for a two bedroom apartment in Leonardo is $1,420 which is relatively lower than the US average rent of $1,430. In terms of groceries, Leonardo has a grocery cost index of 105 compared to 100 in the US as a whole.
The local economy in Leonardo is largely based around small businesses and services. Companies such as Middletown Pizza Co., Marlboro Auto Body, G&G Automotive Repair and Provident Bank are just some of the many businesses that serve the area residents daily. There are also several fitness centers available such as 24 Hour Fitness and Paragon Martial Arts Academy nearby for those who wish to stay fit and healthy. Overall, Leonardo provides its residents with an excellent quality of life at an affordable price point making it an ideal place to live or visit.
Leonardo (zip 07737) has an unemployment rate of 6.4%. The US average is 6.0%.
Leonardo (zip 07737) 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 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Leonardo (zip 07737)
- The Sales Tax Rate for Leonardo (zip 07737) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Leonardo (zip 07737) 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 Leonardo (zip 07737)
- The average income of a Leonardo (zip 07737) resident is $48,717 a year. The US average is $37,638 a year.
- The Median household income of a Leonardo (zip 07737) resident is $122,589 a year. The US average is $69,021 a year.