The Atlantic City-Hammonton, NJ Metro Area is a great place to live for many reasons. Rent for a two bedroom apartment here tends to be slightly higher than the national average at $1,580 as compared to the US 2 Bedroom Rent of $1,430. Additionally, grocery costs tend to be slightly higher in the region with an index of 104 versus 100 in the US. The area also has plenty of entertainment and activities due to its close proximity to Atlantic City. Local companies include Hard Rock Café International Inc., Caesars Entertainment Corporation, and Tropicana Entertainment LLC, all of which contribute significantly to the local economy.
Atlantic City-Hammonton Metro Area has an unemployment rate of 11.6%. The US average is 6.0%.
Atlantic City-Hammonton Metro Area has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Atlantic City-Hammonton Metro Area
- The Sales Tax Rate for Atlantic City-Hammonton Metro Area is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Atlantic City-Hammonton Metro Area is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Atlantic City-Hammonton Metro Area
- The average income of a Atlantic City-Hammonton Metro Area resident is $27,411 a year. The US average is $28,555 a year.
- The Median household income of a Atlantic City-Hammonton Metro Area resident is $66,473 a year. The US average is $69,021 a year.