Everything You Need to Know About the City of Toms River New Jersey

In 2017, Toms River, New Jersey had a population of 88.7k people with a median age of 43.5 and a median household income of $76,167 dollars. Between 2016 and 2017 the population of Toms River, NJ grew from 88,537 to 88,707, a 0.192 percent increase and its median household income grew from $72,500 dollars to $76,167 dollars, a 5.06 percent increase.

The population of Toms River, NJ is 82.4 percent White Alone, 8.5 percent Hispanic or Latino, and 4.22 percent Asian Alone. N/A% of the people in Toms River, NJ speak a non-English language, and 97.1 percent are U.S. citizens.

The largest universities in Toms River, NJ are Ocean County College (1,562 degrees awarded in 2017), Ocean County Vocational-Technical School (272 degrees), and American Institute-Toms River (139 degrees).

The median property value in Toms River, NJ is $281,300 dollars, and the homeownership rate is 80.6 percent. Most people in Toms River, NJ commute by Drove Alone, and the average commute time is 28.8 minutes. The average car ownership in Toms River, NJ is 2 cars per household.

 

Education in Toms River

In 2017, universities in Toms River, NJ awarded 1,973 degrees. The student population of Toms River, NJ is skewed towards women, with 3,941 male students and 5,180 female students.

Most students graduating from Universities in Toms River, NJ are White (1,501 and 76.6 percent), followed by Hispanic or Latino (200 and 10.2 percent), Black or African American (96 and 4.9 percent), and Unknown (76 and 3.88 percent).

The largest universities in Toms River, NJ by the number of degrees awarded are Ocean County College (1,562 and 79.2 percent), Ocean County Vocational-Technical School (272 and 13.8 percent), and American Institute-Toms River (139 and 7.05 percent).

The most popular majors in Toms River, NJ are General Studies (614 and 31.1 percent), Liberal Arts & Sciences (526 and 26.7 percent), and Registered Nursing (128 and 6.49 percent).

The median tuition costs in Toms River, NJ are $N/A for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Toms River

The economy of Toms River, NJ employs 43k people and Toms River has an unemployment rate of 4.4 percent. Toms River has seen the job market decreased by -0.2 percent over the last year. Future job growth over the next ten years is predicted to be 28.0 percent, which is lower than the US average of 33.5 percent. The largest industries in Toms River, NJ are Health Care & Social Assistance (7,534 people), Educational Services (4,413 people), and Retail Trade (5,984 people), and the highest paying industries are Public Administration ($73,909 dollars), Utilities ($73,171 dollars), and Information ($69,412 dollars).

Households in Toms River, NJ have a median annual income of $76,167 dollars, which is more than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $72,500 dollars in 2016, which represents a 5.06 percent annual growth.

 

Tax Rates for Toms River

– The Sales Tax Rate for Toms River is 6.6 percent.

– The Income Tax Rate for Toms River is 5.5 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Toms River

– The average earnings of a Toms River resident is $35,759 dollars a year.

– The Median household earnings of a Toms River resident is $72,939 dollars a year.