The charming city of Rio Grande, NJ (08242) is a great place to live. With an average two-bedroom rent at $1,430, it is more affordable than the US average. In addition, its grocery cost index of 104 versus 100 in the US means that you may save even more on groceries.
Rio Grande is home to some amazing amenities. For instance, local companies such as Risley’s Auto Repair and Grimes Gas & Convenience Store make it easy for residents to take care of their needs. The area also has plenty of attractions to enjoy like the Wildwood Boardwalk, which stretches along five miles of beautiful beaches; the Hawk Haven Winery with its picturesque vineyards; and Historic Cold Spring Village, which offers a unique glimpse into life during the late 18th century.
Rio Grande (zip 08242) has an unemployment rate of 12.5%. The US average is 6.0%.
Rio Grande (zip 08242) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.
Tax Rates for Rio Grande (zip 08242)
- The Sales Tax Rate for Rio Grande (zip 08242) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Rio Grande (zip 08242) 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 Rio Grande (zip 08242)
- The average income of a Rio Grande (zip 08242) resident is $31,598 a year. The US average is $28,555 a year.
- The Median household income of a Rio Grande (zip 08242) resident is $80,893 a year. The US average is $69,021 a year.