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Economy in Absecon, New Jersey

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyAbsecon, NJUnited States
Unemployment Rate13.50%9.10%
Recent Job Growth-1.09%-0.12%
Future Job Growth24.32%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income per Cap.$30,454$27,067
Household Income$65,716$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K2.71%12.10%
Income between 15K and 25K6.56%10.18%
Income between 25K and 35K8.55%10.56%
Income between 35K and 50K17.57%14.98%
Income between 50K and 75K22.97%19.53%
Income between 75K and 100K16.72%12.52%
Income between 100K and 150K16.84%12.14%
Income between 150K and 250K4.48%3.91%
Income between 250K and 500K2.78%3.34%
Income greater than 500K0.82%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations7.98%13.81%
Professional and Related Occupations21.60%22.68%
Service30.58%14.51%
Sales and Office26.73%25.22%
Farming, Fishing, and Forestry0.16%0.68%
Construction, Extraction, and Maintenance6.31%9.37%
Production, Transportation, and Material Moving8.68%15.86%
Median Household Income

The unemployment rate in Absecon, NJ, is 13.50%, with job growth of -1.09%. Future job growth over the next ten years is predicted to be 24.32%.

Absecon, NJ Taxes

Absecon, NJ,sales tax rate is 7.00%. Income tax is 8.97%.

Absecon, NJ Income and Salaries

The income per capita is $30,454, which includes all adults and children. The median household income is $65,716.


Absecon Economy SperlingViews

Taxes: Our propertyt taxes are to... (read more)Property Taxes and Housing Prices : Property taxes in Atlantic County at totally out of control. The general tax rate for Absecon in 2005 was 3.694%. If you believe inflation is about 2.5% then your house... (read more)Have an opinion about Absecon? Leave a commentTo See All SperlingViews for Absecon Click Here