Cost of Living in Shark River Hills, NJ
Population 3,035 · New Jersey · Data vintage 2023
(100 = US avg)
Shark River Hills sits on the smaller end of the New Jersey city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 2.4% points to a labor market well on the tight side of the national distribution.
Geographically, Shark River Hills is about 35 miles south of New York, the nearest large metro. Median home values run roughly 36% lower than New York's $752,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Shark River Hills
The median home value in Shark River Hills is $482,800 — 58% above the national median of $305,000. The median household income of $133,193/year is 79% higher than the US median of $74,580. The local unemployment rate is 2.4%, below the national average of 4.8%. New Jersey's top state income tax rate is 10.8% and the combined sales tax is 6.6%. The climate averages highs of 61.6°F and lows of 47.0°F, with about 25.9" of annual snowfall. Overall, Shark River Hills has a cost of living index of 158 versus the US average of 100, meaning it is 58% more expensive.
Shark River Hills has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 40 | 42 | 49 | 59 | 68 | 78 | 84 | 82 | 76 | 65 | 54 | 45 |
| Low °F | 26 | 27 | 34 | 43 | 53 | 62 | 69 | 68 | 61 | 50 | 40 | 32 |
| Precip" | 3.23 | 2.76 | 3.94 | 3.55 | 3.66 | 3.85 | 3.86 | 4.11 | 3.58 | 3.72 | 3.07 | 3.96 |
| Snow" | 7.5 | 8.6 | 4.3 | 0.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 4.5 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Shark River Hills, NJ?
Shark River Hills has a cost index of 158 (100 = national average). It is 58% above the national average.
What is the average home price in Shark River Hills?
The median home value in Shark River Hills is $482,800 according to 2023 Census ACS data.
What is the median income in Shark River Hills?
The median household income in Shark River Hills is $133,193 per year (2023 ACS 5-year estimates).
What is the sales tax in Shark River Hills, NJ?
The combined state and local sales tax rate in Shark River Hills is 6.6%. The New Jersey state income tax top rate is 10.8%.
Is Shark River Hills, NJ affordable?
Shark River Hills is above average in cost of living, with an index of 158 — about 58% higher than the national average.
What is the weather like in Shark River Hills?
Shark River Hills has average high temperatures of 61.6°F and average lows of 47.0°F. Annual precipitation is 43.3". Average annual snowfall is 25.9". Data from NOAA 1991–2020 Climate Normals.
Shark River Hills at a Glance
- Population
- 3,035
- Median Income
- $133,193
- Home Value
- $482,800
- Unemployment
- 2.4%
- Avg High Temp
- 61.6°F
- Sales Tax
- 6.6%
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Explore county-level cost of living data
New Jersey Rankings
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