Hamilton township (Atlantic County), NJ Economy


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Hamilton township (Atlantic Cnty), NJ is a vibrant community located close to the Jersey Shore and Atlantic City. The cost of living in this area is slightly higher than the US average, with an average 2 Bedroom rent being at $1,870 compared to the national average of $1,430. Grocery prices are also slightly higher than the rest of the nation, with an index of 102 versus 100 in the US.
The Hamilton township (Atlantic Cnty), NJ offers plenty for residents to enjoy including local businesses such as The Oak Tree Café which serves amazing breakfast dishes, and Stockton University’s Student Center and its nearby shops and restaurants. Another popular attraction is Storybook Land which is a family friendly amusement park offering fun for all ages. Finally, residents can take part in outdoor activities at Forsythe National Wildlife Refuge or visit various wineries along the New Jersey Wine Trail.

Hamilton township (Atlantic County) has an unemployment rate of 11.1%. The US average is 6.0%.

Hamilton township (Atlantic County) has seen the job market decrease by -14.1% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.

Tax Rates for Hamilton township (Atlantic County)
- The Sales Tax Rate for Hamilton township (Atlantic County) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hamilton township (Atlantic County) 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 Hamilton township (Atlantic County)
- The average income of a Hamilton township (Atlantic County) resident is $36,005 a year. The US average is $37,638 a year.
- The Median household income of a Hamilton township (Atlantic County) resident is $77,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHamilton township (Atlantic County), New JerseyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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