Zip 08742 (Point Pleasant, NJ) Economy


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Point Pleasant, NJ (08742) is a great place to live. The average rent for a two-bedroom apartment is $1,720 per month, which is significantly higher than the US average of $1,430. Additionally, groceries cost more in Point Pleasant compared to the US as a whole; the Grocery Cost Index in this area is 107 compared to 100 in the US.
Point Pleasant has plenty of good job opportunities and local companies. Some include TD Bank, Verizon Wireless, Allied Universal Security Services, and OceanFirst Financial Corporation. There are also many restaurants and eateries offering cuisine from all over the world – from Mexican to Mediterranean dishes. Along with an abundance of shopping centers and recreational activities such as fishing and boating on the Metedeconk River or taking a walk along the boardwalk at Jenkinson’s Beach - there really is something for everyone!

Point Pleasant (zip 08742) has an unemployment rate of 7.5%. The US average is 6.0%.

Point Pleasant (zip 08742) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Point Pleasant (zip 08742)
- The Sales Tax Rate for Point Pleasant (zip 08742) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Point Pleasant (zip 08742) 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 Point Pleasant (zip 08742)
- The average income of a Point Pleasant (zip 08742) resident is $41,683 a year. The US average is $28,555 a year.
- The Median household income of a Point Pleasant (zip 08742) resident is $103,079 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPoint Pleasant, New JerseyUnited States
  7.56
  -6.6%-6.2%
  28.0%33.5%
  6.6%6.2%
  5.5%4.6%
  $57,423$37,638
  $103,079$69,021
  $123,043$85,028
  Population by Occupation
  0.4%1.2%
  0.1%0.5%
  11.1%6.8%
  4.1%10.0%
  1.6%2.5%
  10.2%11.0%
  3.1%4.8%
  1.4%0.8%
  1.7%1.9%
  5.7%4.7%
  1.7%1.9%
  8.6%7.6%
  0.1%0.1%
  4.1%4.2%
  13.6%9.3%
  14.1%14.0%
  3.2%2.1%
  7.0%7.0%
  3.6%4.8%
  4.9%4.7%
Reviews for Point Pleasant
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Pt Pleasant Beach is one of the nicest Jersey shore towns. It has a good mix of honky tonk and healthy family living. You're hard pressed to say "there is nothing to do"  More

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