Atlantic City, NJ is a popular East Coast destination with plenty of attractions and activities. It has an exciting nightlife scene and some of the top restaurants in the region. Popular casinos such as Borgata, Hard Rock Casino, and Caesars provide entertainment options. Additionally, many other companies have located to Atlantic City in recent years such as Wawa, Stockton University, and Bass Pro Shop. The cost of living in Atlantic City is moderate compared to the United States average. The average two bedroom rent is $1,410 with a grocery cost index of 99 versus 100 in the US. All these factors make Atlantic City an extremely desirable place for people seeking a fun atmosphere at an affordable price.
Atlantic City has an unemployment rate of 13.6%. The US average is 6.0%.
Atlantic City 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 16.5%, which is lower than the US average of 33.5%.
Tax Rates for Atlantic City
- The Sales Tax Rate for Atlantic City is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Atlantic City 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 Atlantic City
- The average income of a Atlantic City resident is $18,282 a year. The US average is $28,555 a year.
- The Median household income of a Atlantic City resident is $29,773 a year. The US average is $69,021 a year.