Economy in Ocean City Metro Area, New Jersey
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| Unemployment Rate | 14.10% | 8.60% |
| Recent Job Growth | 1.95% | 0.35% |
| Future Job Growth | 29.80% | 32.10% |
| Sales Taxes | 7.00% | 5.00% |
| Income Taxes | 2.45% | 4.70% |
| Income per Cap. | $29,779 | $26,154 |
| Household Income | $51,926 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 10.12% | 12.37% |
| Income between 15K and 25K | 11.00% | 10.53% |
| Income between 25K and 35K | 11.15% | 10.88% |
| Income between 35K and 50K | 15.81% | 15.37% |
| Income between 50K and 75K | 19.51% | 20.14% |
| Income between 75K and 100K | 12.82% | 12.41% |
| Income between 100K and 150K | 12.49% | 11.27% |
| Income between 150K and 250K | 4.99% | 5.01% |
| Income between 250K and 500K | 1.94% | 1.86% |
| Income greater than 500K | 0.17% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.95% | 14.04% |
| Professional and Related Occupations | 19.17% | 20.61% |
| Service | 21.20% | 14.45% |
| Sales and Office | 26.74% | 26.75% |
| Farming, Fishing, and Forestry | 0.87% | 0.70% |
| Construction, Extraction, and Maintenance | 11.84% | 9.42% |
| Production, Transportation, and Material Moving | 8.23% | 14.05% |
The unemployment rate in Ocean City Metro Area, NJ, is 14.10%, with job growth of 1.95%. Future job growth over the next ten years is predicted to be 29.80%.
Ocean City Metro Area, NJ Taxes
Ocean City Metro Area, NJ,sales tax rate is 7.00%. Income tax is 2.45%.
Ocean City Metro Area, NJ Income and Salaries
The income per capita is $29,779, which includes all adults and children. The median household income is $51,926.
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