Ship Bottom, NJ Economy


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Ship Bottom, NJ is a small beach town located near the shore of Long Beach Island. It is known for its picturesque waterfront, unique shops and restaurants. The town has a population of just over 1,000 people and is growing steadily in recent years. 2 bedroom rent in Ship Bottom, NJ averages about $1,500 whereas the US average for similar apartments is closer to $1,430. Additionally, grocery cost index in Ship Bottom sits at 114 versus 100 in the US - indicating that the cost of living here is higher than the national average.
The local economy is supported by numerous businesses such as The Nite Owl Market & Deli Co., Gee Gee’s Ice Cream Shoppe, and Surf City Nursery & Garden Center. These popular local spots are all popular with tourists and locals alike!

Ship Bottom has an unemployment rate of 7.5%. The US average is 6.0%.

Ship Bottom has seen the job market decrease by -6.6% 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 Ship Bottom
- The Sales Tax Rate for Ship Bottom is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Ship Bottom 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 Ship Bottom
- The average income of a Ship Bottom resident is $66,636 a year. The US average is $37,638 a year.
- The Median household income of a Ship Bottom resident is $87,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShip Bottom, 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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