Zip 08248 (Strathmere, NJ) Economy


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Strathmere, NJ (08248) is an unincorporated area located in Upper Township, Atlantic County. It is a popular summer destination for beach-goers due to its close proximity to Wildwood and Ocean City. The two bedroom rent in Strathmere is approximately $1,890, which is higher than the US average of $1,430. The Grocery Cost Index in the area is 113 compared to 100 nationally. \nLocal businesses nearby include La Fontana Restaurant & Bar serving classic Italian cuisine and seafood dishes; Dough Roller Restaurant cooking up fresh pizzas and other American favorites; Viking Lanes bowling alley offering family fun; Good Scents Flowers providing beautiful floral arrangements; and Sun Realty of NJ with vacation rental services.

Strathmere (zip 08248) has an unemployment rate of 12.5%. The US average is 6.0%.

Strathmere (zip 08248) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.

Tax Rates for Strathmere (zip 08248)
- The Sales Tax Rate for Strathmere (zip 08248) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Strathmere (zip 08248) 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 Strathmere (zip 08248)
- The average income of a Strathmere (zip 08248) resident is $131,424 a year. The US average is $28,555 a year.
- The Median household income of a Strathmere (zip 08248) resident is $117,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStrathmere, New JerseyUnited States
  12.56
  -8.5%-6.2%
  19.1%33.5%
  6.6%6.2%
  5.5%4.6%
  $75,637$37,638
  $117,917$69,021
  $117,917$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  11.1%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  17.5%4.7%
  0.0%1.9%
  14.3%7.6%
  0.0%0.1%
  0.0%4.2%
  57.1%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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