Ocean Acres, NJ is a vibrant community located in the Jersey Shore region. It offers residents a suburban lifestyle with easy access to amenities and plenty of employment opportunities. The average 2 bedroom rent in Ocean Acres is $1,790, which is slightly higher than the national average of $1,430. The cost of living in Ocean Acres is also quite high with a Grocery Cost Index of 104 compared to 100 across the US. There are many local businesses such as banks, restaurants and retail stores that provide jobs for residents. There are also several recreational activities nearby including beaches and golf courses. With its vibrant atmosphere and numerous amenities, it’s no wonder why so many people choose to live in Ocean Acres!
Ocean Acres has an unemployment rate of 7.5%. The US average is 6.0%.
Ocean Acres has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Ocean Acres
- The Sales Tax Rate for Ocean Acres is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Ocean Acres 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 Ocean Acres
- The average income of a Ocean Acres resident is $30,645 a year. The US average is $28,555 a year.
- The Median household income of a Ocean Acres resident is $96,304 a year. The US average is $69,021 a year.