Zip 08551 (Ringoes, NJ) Economy


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Ringoes, NJ (08551) is a small borough located in Hunterdon County and part of the larger East Amwell Township. The two bedroom rent in Ringoes is $2,440 which is slightly higher than the US average of $1,430. The grocery cost index for Ringoes is also slightly higher than the national average at 107 versus 100 respectively.
The borough and its surrounding towns are home to many stores and services that cater to locals and tourists alike. Some notable local businesses include Nelly's Country Store, which is a family-run business specializing in fresh produce; Sunrise Orchards Farm Market & Bakery that offers fresh baked goods; Tuckahoe Valley Farms, a dairy farm that also sells produce and meats; True Value Hardware store; East Amwell Artisans featuring local artwork from region artists; Red Fox Kitchen & Coffee offering up coffee drinks and light fare; Van Horne’s Pharmacy offering personalized service; and Wildwood Flower Boutique selling unique gifts.

Ringoes (zip 08551) has an unemployment rate of 5.9%. The US average is 6.0%.

Ringoes (zip 08551) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 22.4%, which is lower than the US average of 33.5%.

Tax Rates for Ringoes (zip 08551)
- The Sales Tax Rate for Ringoes (zip 08551) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Ringoes (zip 08551) 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 Ringoes (zip 08551)
- The average income of a Ringoes (zip 08551) resident is $55,850 a year. The US average is $28,555 a year.
- The Median household income of a Ringoes (zip 08551) resident is $140,539 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRingoes, New JerseyUnited States
  5.96
  -7.2%-6.2%
  22.4%33.5%
  6.6%6.2%
  5.5%4.6%
  $62,107$37,638
  $140,539$69,021
  $165,913$85,028
  Population by Occupation
  1.9%1.2%
  0.0%0.5%
  4.6%6.8%
  15.3%10.0%
  2.4%2.5%
  13.8%11.0%
  2.5%4.8%
  0.9%0.8%
  3.8%1.9%
  3.9%4.7%
  6.4%1.9%
  11.4%7.6%
  0.0%0.1%
  3.0%4.2%
  15.8%9.3%
  6.5%14.0%
  0.6%2.1%
  5.2%7.0%
  1.1%4.8%
  0.9%4.7%
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