Forked River, NJ is a small town in Ocean County that is known for its local businesses and affordable cost of living. The average 2 Bedroom Rent in Forked River is $1,770 compared to $1,430 across the US, making it an attractive place for people looking for more affordable rent. There are plenty of local companies in Forked River such as Lowe's Home Improvement, ShopRite Supermarkets and Meineke Car Care Center which offer a wide variety of services to residents and tourists alike. Additionally, the grocery cost index in Forked River is 103 versus 100 in the US due to higher priced goods which make it more expensive than other places nearby. All in all, Forked River offers a low-cost alternative to larger cities while still providing plenty of amenities and services that one would expect from a small town.
Forked River has an unemployment rate of 7.5%. The US average is 6.0%.
Forked River has seen the job market decrease by -6.6% 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 Forked River
- The Sales Tax Rate for Forked River is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Forked River is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Forked River
- The average income of a Forked River resident is $40,789 a year. The US average is $37,638 a year.
- The Median household income of a Forked River resident is $78,487 a year. The US average is $69,021 a year.