South Amboy, NJ Economy


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South Amboy, NJ is a vibrant and desirable place to live, offering many amenities to its residents. It is located close to major cities like New York City and Philadelphia, making it an ideal location for commuters. Rent costs for two bedroom apartments in South Amboy are slightly higher than the national average at $1,760 compared to $1,430. Grocery costs in South Amboy also tend to be higher than the nation as well at 104 versus 100. There are several local businesses within the city such as AT&T Inc., Home Depot Supply Chain Solutions, and OfficeMax that provide plenty of job opportunities for its residents. Two other advantages of living in South Amboy are its proximity to beaches along Raritan Bay as well as a variety of shopping districts with local boutique stores.

South Amboy has an unemployment rate of 6.9%. The US average is 6.0%.

South Amboy has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.

Tax Rates for South Amboy
- The Sales Tax Rate for South Amboy is 6.6%. The US average is 7.3%.
- The Income Tax Rate for South 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 South Amboy
- The average income of a South Amboy resident is $43,356 a year. The US average is $37,638 a year.
- The Median household income of a South Amboy resident is $93,859 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Amboy, 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%
Reviews for South Amboy
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Over 15 years ago

The town used to be middle class and affordable but costs are goin up and lower class is movin in time to move  More

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Over 16 years ago

South Amboy ranked 52 in the top 100 best places to live in NJ in 2008, by NJ Monthly  More

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