Shrewsbury, New Jersey (07702) is a great place to live. This charming borough offers a variety of local companies and amenities for its residents. For instance, the 2 bedroom rent in Shrewsbury is $2,430, which is slightly higher than the US average of $1,430. Additionally, it has an impressive Grocery Cost Index of 108 versus 100 in the US. Local companies that call Shrewsbury home include Monmouth Day Care & Learning Center, Good Shepherd Pharmacy, Shore Orthopedic Institute and Jump Start Academy. In terms of amenities, there are plenty of parks such as Allison Park, Tinton Falls Park and Sycamore Fields Park where residents can enjoy outdoor activities. Shopping centers like Garden State Pavilions and other retail establishments offer various options for those looking to do some shopping or spend their leisure time.
Shrewsbury (zip 07702) has an unemployment rate of 6.8%. The US average is 6.0%.
Shrewsbury (zip 07702) 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 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Shrewsbury (zip 07702)
- The Sales Tax Rate for Shrewsbury (zip 07702) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Shrewsbury (zip 07702) is 5.5%. The US average is 4.6%.
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Income and Salaries for Shrewsbury (zip 07702)
- The average income of a Shrewsbury (zip 07702) resident is $65,408 a year. The US average is $37,638 a year.
- The Median household income of a Shrewsbury (zip 07702) resident is $149,792 a year. The US average is $69,021 a year.