Ventnor City, NJ is a great place to live for those looking for a coastal getaway. This small city on the Jersey Shore has an affordable cost of living with the average 2 bedroom rent costing $1,640 and a grocery cost index that is 106 versus 100 in the US. There are many local companies in Ventnor City such as Liberty Pharmacy, Lucky's Restaurant and Bar, Get Fit Gym and more. With its close proximity to Atlantic City, there is also plenty of entertainment options nearby.
Ventnor City has an unemployment rate of 11.6%. The US average is 6.0%.
Ventnor City has seen the job market decrease by -14.0% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Ventnor City
- The Sales Tax Rate for Ventnor City is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Ventnor City 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 Ventnor City
- The average income of a Ventnor City resident is $43,385 a year. The US average is $37,638 a year.
- The Median household income of a Ventnor City resident is $66,783 a year. The US average is $69,021 a year.