Zip 08757 (Holiday City-Berkeley, NJ) Economy


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United States / New Jersey / New York-Newark-Jersey City Metro Area / Ocean County / No City / Holiday City-Berkeley (zip 08757)
Holiday City-Berkeley, NJ (08757) is an attractive place for those looking to rent a two bedroom home, as the rental rate for this type of residence is $1,560 per month. This is slightly higher than the national average of $1,430, but it offers greater affordability than other places in the area. However, the cost of groceries in Holiday City-Berkeley is relatively high with a grocery cost index of 101 compared to the US average of 100.
The community is home to several notable companies including First Atlantic Bank and HomeTowne Realty – both well established in the region. Additionally, Berkeley Township School District serves families in the area providing quality education options for their children. All these factors make Holiday City-Berkeley an ideal location for those seeking to invest in real estate or set up a business as it offers numerous opportunities while being conveniently located near major commuter routes.

Holiday City-Berkeley (zip 08757) has an unemployment rate of 9.6%. The US average is 6.0%.

Holiday City-Berkeley (zip 08757) 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 24.9%, which is lower than the US average of 33.5%.

Tax Rates for Holiday City-Berkeley (zip 08757)
- The Sales Tax Rate for Holiday City-Berkeley (zip 08757) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Holiday City-Berkeley (zip 08757) 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 Holiday City-Berkeley (zip 08757)
- The average income of a Holiday City-Berkeley (zip 08757) resident is $25,985 a year. The US average is $28,555 a year.
- The Median household income of a Holiday City-Berkeley (zip 08757) resident is $50,807 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHoliday City-Berkeley, New JerseyUnited States
  9.66
  -6.6%-6.2%
  24.9%33.5%
  6.6%6.2%
  5.5%4.6%
  $39,454$37,638
  $50,807$69,021
  $69,740$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  7.8%6.8%
  5.6%10.0%
  2.9%2.5%
  15.0%11.0%
  6.6%4.8%
  1.1%0.8%
  2.0%1.9%
  2.2%4.7%
  2.6%1.9%
  5.8%7.6%
  0.0%0.1%
  3.2%4.2%
  8.0%9.3%
  19.9%14.0%
  2.5%2.1%
  4.9%7.0%
  4.6%4.8%
  5.0%4.7%
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