Zip 07738 (Lincroft, NJ) Economy


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Lincroft, NJ (07738) is a small borough located in the central region of Monmouth County. This quaint community offers a variety of amenities for its residents, including affordable rent prices. The average two-bedroom rental costs $930, compared to the US national average of $1,430. The town also has a grocery cost index of 109 versus 100 in the US.
Lincroft is home to many local organizations and institutions that cater to the needs of the community. Some popular businesses include Starbucks, Dunkin Donuts, and Lincroft Pharmacy. Local educational institutions include Brookdale Community College as well as Lincroft Elementary School and Lincroft Middle School. There are several nearby attractions such as Thompson Park and Historic Longstreet Farm that provide plenty of activities for all ages. With its close proximity to New York City and Philadelphia, Lincroft provides an ideal balance between city life and rural living.

Lincroft (zip 07738) has an unemployment rate of 6.8%. The US average is 6.0%.

Lincroft (zip 07738) 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 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Lincroft (zip 07738)
- The Sales Tax Rate for Lincroft (zip 07738) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Lincroft (zip 07738) 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 Lincroft (zip 07738)
- The average income of a Lincroft (zip 07738) resident is $50,943 a year. The US average is $28,555 a year.
- The Median household income of a Lincroft (zip 07738) resident is $172,710 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLincroft, New JerseyUnited States
  6.86
  -6.6%-6.2%
  26.8%33.5%
  6.6%6.2%
  5.5%4.6%
  $69,588$37,638
  $172,710$69,021
  $178,355$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  9.2%6.8%
  4.0%10.0%
  6.8%2.5%
  6.5%11.0%
  1.1%4.8%
  0.0%0.8%
  3.1%1.9%
  9.7%4.7%
  3.0%1.9%
  9.3%7.6%
  0.0%0.1%
  1.4%4.2%
  10.5%9.3%
  10.3%14.0%
  2.3%2.1%
  5.2%7.0%
  4.3%4.8%
  13.1%4.7%
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