Port Murray, NJ is a small town located in Morris County. It has a population of about 535 people and is known for its tranquil atmosphere. The 2 bedroom rent cost in Port Murray is $1,690 which is slightly more than the US average of $1,430. The grocery cost index in Port Murray is 106 versus the US average of 100 which indicates that groceries are slightly more expensive than most other places. For those who are looking to work close to their home, there are local businesses such as AJT Engineering and Construction LLC, Valley Industrial Services Inc., and Ronald J Hurteau PLG Land surveyor that offer employment opportunities. All in all, Port Murray is a tranquil town with a slightly higher cost of living compared to the national average.
Port Murray (zip 07865) has an unemployment rate of 7.0%. The US average is 6.0%.
Port Murray (zip 07865) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Port Murray (zip 07865)
- The Sales Tax Rate for Port Murray (zip 07865) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Port Murray (zip 07865) is 5.5%. The US average is 4.6%.
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Income and Salaries for Port Murray (zip 07865)
- The average income of a Port Murray (zip 07865) resident is $39,639 a year. The US average is $37,638 a year.
- The Median household income of a Port Murray (zip 07865) resident is $126,492 a year. The US average is $69,021 a year.