North Wildwood, NJ is an affordable destination for a beach getaway. Rent for two bedroom apartments is around $1,350 which is significantly lower than the US average of $1,430, making it a great value for vacationers. The cost of groceries in North Wildwood are also relatively low compared to other parts of the country with a Grocery Cost Index of 107 versus 100 in the United States. Local companies include J&L Liquor Store and Island Bikes, both located on 21st Street in North Wildwood. Additionally, there is Lucien's Manor located on Ocean Avenue which offers event space and catering services for locals and visitors alike.
North Wildwood has an unemployment rate of 12.5%. The US average is 6.0%.
North Wildwood 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 North Wildwood
- The Sales Tax Rate for North Wildwood is 6.6%. The US average is 7.3%.
- The Income Tax Rate for North Wildwood 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 North Wildwood
- The average income of a North Wildwood resident is $30,422 a year. The US average is $28,555 a year.
- The Median household income of a North Wildwood resident is $72,500 a year. The US average is $69,021 a year.