Perth Amboy, NJ Economy


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Perth Amboy, NJ is a small city located in Middlesex County. It’s known for its waterfront views and the Raritan Bay. The city has a population of over 51,000 people and offers plenty to do. Rent for two bedroom units averages around $1,700 per month which is slightly higher than the nationwide average of $1,430. The Grocery Cost Index in Perth Amboy is 104 versus 100 in the US. Popular local companies include New Jersey Natural Gas, Walmart Supercenter, CVS Pharmacy, and Home Depot. Additionally there are many locally owned restaurants such as La Fonda Mexican Restaurant and El Habanero Mexican Grill that serve traditional cuisine with a modern touch. With its scenic views and many attractions, Perth Amboy makes for an ideal place to live or visit!

Perth Amboy has an unemployment rate of 12.3%. The US average is 6.0%.

Perth Amboy has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.

Tax Rates for Perth Amboy
- The Sales Tax Rate for Perth Amboy is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Perth Amboy 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 Perth Amboy
- The average income of a Perth Amboy resident is $23,396 a year. The US average is $37,638 a year.
- The Median household income of a Perth Amboy resident is $53,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPerth Amboy, New JerseyUnited States
  12.36
  -6.7%-6.2%
  23.2%33.5%
  6.6%6.2%
  5.5%4.6%
  $23,396$37,638
  $53,750$69,021
  $51,917$85,028
  Population by Occupation
  0.1%1.2%
  0.3%0.5%
  7.4%6.8%
  9.8%10.0%
  5.7%2.5%
  11.0%11.0%
  17.4%4.8%
  0.2%0.8%
  1.4%1.9%
  2.9%4.7%
  1.4%1.9%
  2.6%7.6%
  0.1%0.1%
  10.7%4.2%
  6.0%9.3%
  10.1%14.0%
  1.0%2.1%
  4.8%7.0%
  5.1%4.8%
  1.9%4.7%
Reviews for Perth Amboy
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bob · 

Its a place that  More

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Over 17 years ago

The housing cost is very high. Compare to what the average salary is. Most young people cant afford to live by themselves so they stay at home till they marry or have a  More

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Over 18 years ago

It's getting to expensive to live here in Perth Amboy and all of NJ for that matter!! All the New Yorkers coming here to escape their high cost of living is driving our  More

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