Zip 07760 (Rumson, NJ) Economy


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Rumson, NJ is a small town located in Monmouth County with an estimated population of 7,477 according to the 2019 census estimates. The median 2 Bedroom rent in Rumson, NJ is approximately $2,040, while rent for the same size of apartment nationwide averages at $1,430. The Grocery Cost Index in Rumson is 114 versus 100 in the US.
Rumson offers its residents a number of local businesses and services from which to choose. Some popular local companies include Just Baked Cupcakes & Treats, Kudo's Japanese Restaurant, and Atlantic Blinds & Shutters. These businesses provide their customers with high quality products and services as well as great customer service that locals have come to love and appreciate over the years.

Rumson (zip 07760) has an unemployment rate of 6.8%. The US average is 6.0%.

Rumson (zip 07760) 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 Rumson (zip 07760)
- The Sales Tax Rate for Rumson (zip 07760) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Rumson (zip 07760) 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 Rumson (zip 07760)
- The average income of a Rumson (zip 07760) resident is $87,642 a year. The US average is $28,555 a year.
- The Median household income of a Rumson (zip 07760) resident is $184,336 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRumson, New JerseyUnited States
  6.86
  -6.6%-6.2%
  26.8%33.5%
  6.6%6.2%
  5.5%4.6%
  $116,081$37,638
  $184,336$69,021
  $248,750$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  2.6%6.8%
  4.2%10.0%
  2.8%2.5%
  10.0%11.0%
  1.2%4.8%
  0.2%0.8%
  2.0%1.9%
  20.3%4.7%
  5.7%1.9%
  13.2%7.6%
  0.0%0.1%
  2.2%4.2%
  11.1%9.3%
  7.8%14.0%
  1.7%2.1%
  4.9%7.0%
  3.1%4.8%
  5.6%4.7%
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