Port Republic, NJ Economy


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Port Republic, NJ is a small town located in Atlantic County. It has an estimated population of about 1,200 people, making it a great place to live affordably. The average 2 Bedroom Rent in Port Republic is $1,780 which is slightly above the US Average of $1,430. Additionally, the Grocery Cost Index in Port Republic is 104 compared to 100 nationally.
The town offers plenty of activities and attractions for locals and visitors alike. There are many local companies that offer unique services such as Ozark Mountain Artworks which creates handmade jewelry from recycled metals and Appalachian Glassworks which produces custom glass art and sculptures. Attractions include the Historic Smithville Village which features quaint shops and restaurants as well as the Edwin B Forsythe National Wildlife Refuge - a haven for birdwatchers. Residents can also enjoy a variety of outdoor activities such as fishing at the Mullica River or hiking along trails at Wharton State Forest.

Port Republic has an unemployment rate of 11.6%. The US average is 6.0%.

Port Republic has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.

Tax Rates for Port Republic
- The Sales Tax Rate for Port Republic is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Port Republic 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 Port Republic
- The average income of a Port Republic resident is $46,909 a year. The US average is $28,555 a year.
- The Median household income of a Port Republic resident is $130,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPort Republic, New JerseyUnited States
  11.66
  -14.0%-6.2%
  19.5%33.5%
  6.6%6.2%
  5.5%4.6%
  $61,251$37,638
  $130,500$69,021
  $162,321$85,028
  Population by Occupation
  1.1%1.2%
  0.0%0.5%
  10.5%6.8%
  0.5%10.0%
  0.5%2.5%
  7.1%11.0%
  1.2%4.8%
  0.5%0.8%
  1.1%1.9%
  1.6%4.7%
  0.5%1.9%
  22.8%7.6%
  0.0%0.1%
  2.1%4.2%
  10.5%9.3%
  15.1%14.0%
  1.1%2.1%
  10.3%7.0%
  5.7%4.8%
  7.7%4.7%
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