Audubon Park, NJ Economy


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Audubon Park, NJ is a great place to live for people looking for affordable rental options. With 2 bedroom rent at only $1,230, Audubon Park is an attractive choice for many. On top of this, the grocery cost index in Audubon Park is 104 versus 100 in the US, making it above average but still relatively inexpensive compared to other areas. The area has plenty of local businesses and attractions that locals can enjoy. Some of the popular local companies include Banes & Associates Accounting Firm and Audubon Park Plumbing Services. As far as attractions go, nearby towns have a variety of things to do including going to the beach or visiting Belvedere Castle Nature Center for scenic views and nature walks. No matter what you are looking for, Audubon Park has something special for everyone.

Audubon Park has an unemployment rate of 8.0%. The US average is 6.0%.

Audubon Park has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Audubon Park
- The Sales Tax Rate for Audubon Park is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Audubon Park 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 Audubon Park
- The average income of a Audubon Park resident is $26,446 a year. The US average is $28,555 a year.
- The Median household income of a Audubon Park resident is $49,550 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAudubon Park, New JerseyUnited States
  86
  -5.8%-6.2%
  27.8%33.5%
  6.6%6.2%
  5.5%4.6%
  $33,280$37,638
  $49,550$69,021
  $64,406$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.1%6.8%
  4.9%10.0%
  1.2%2.5%
  21.3%11.0%
  5.4%4.8%
  2.1%0.8%
  1.4%1.9%
  4.7%4.7%
  2.3%1.9%
  4.3%7.6%
  0.0%0.1%
  4.3%4.2%
  6.1%9.3%
  26.0%14.0%
  0.7%2.1%
  1.6%7.0%
  3.3%4.8%
  4.5%4.7%
Health
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