Avalon, NJ Economy


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Avalon, NJ is a beautiful beach town in the United States. It is known for its pristine scenery and relaxing atmosphere. Rent for a two bedroom apartment in Avalon, NJ is $1,710 compared to the US average of $1,430. The grocery cost index in Avalon is 123 compared to the US average of 100. Companies like Sea Isle Realty and Avalon Golf Club are big names in this town. Avalon has something for everyone from young adults to families and retirees alike! Whether you want to spend a day at the beach or golf course, or enjoy a night out at one of the many restaurants, there's something special about Avalon that makes it unique.

Avalon has an unemployment rate of 12.5%. The US average is 6.0%.

Avalon 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 Avalon
- The Sales Tax Rate for Avalon is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Avalon 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 Avalon
- The average income of a Avalon resident is $69,259 a year. The US average is $28,555 a year.
- The Median household income of a Avalon resident is $141,964 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAvalon, New JerseyUnited States
  12.56
  -8.5%-6.2%
  19.1%33.5%
  6.6%6.2%
  5.5%4.6%
  $97,474$37,638
  $141,964$69,021
  $149,545$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  3.7%6.8%
  2.2%10.0%
  5.1%2.5%
  9.8%11.0%
  5.1%4.8%
  0.8%0.8%
  2.2%1.9%
  9.2%4.7%
  9.6%1.9%
  10.4%7.6%
  0.6%0.1%
  2.2%4.2%
  6.5%9.3%
  14.3%14.0%
  3.5%2.1%
  10.4%7.0%
  2.6%4.8%
  0.6%4.7%
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