Zip 08753 (Toms River, NJ) Economy


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Toms River, NJ (08753) is a popular town in the Garden State with plenty of amenities. It's 2 bedroom rent is $1,690 compared to the US average of $1,430. This area also has lots of local businesses such as Toms River Animal Hospital, Toms River Veterinary Clinic, and Jersey Shore Home Performance to name just a few. Furthermore, the Grocery Cost Index in this area is 104 versus 100 in the US - meaning groceries are slightly more expensive when shopping around Toms River than other parts of the country.

Toms River (zip 08753) has an unemployment rate of 7.5%. The US average is 6.0%.

Toms River (zip 08753) 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 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Toms River (zip 08753)
- The Sales Tax Rate for Toms River (zip 08753) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Toms River (zip 08753) 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 Toms River (zip 08753)
- The average income of a Toms River (zip 08753) resident is $34,810 a year. The US average is $28,555 a year.
- The Median household income of a Toms River (zip 08753) resident is $90,034 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyToms River, New JerseyUnited States
  7.56
  -6.6%-6.2%
  28.0%33.5%
  6.6%6.2%
  5.5%4.6%
  $44,064$37,638
  $90,034$69,021
  $113,421$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  7.9%6.8%
  3.4%10.0%
  3.4%2.5%
  12.5%11.0%
  4.2%4.8%
  1.3%0.8%
  1.9%1.9%
  4.4%4.7%
  2.1%1.9%
  6.2%7.6%
  0.3%0.1%
  3.3%4.2%
  10.5%9.3%
  16.1%14.0%
  3.0%2.1%
  7.4%7.0%
  5.3%4.8%
  6.5%4.7%
Reviews for Toms River
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Over 16 years ago

My neighborhood is a little hamlet surrounded by water. It's just seven minutes from everything important...schools, shopping, beaches, major highways, college. And it's  More

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