Zip 08757 (Holiday City-Berkeley, NJ) Economy


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United States / New Jersey / New York-Newark-Jersey City Metro Area / Ocean County / No City / Holiday City-Berkeley (zip 08757)
Holiday City-Berkeley, NJ (08757) is an attractive place for those looking to rent a two bedroom home, as the rental rate for this type of residence is $1,560 per month. This is slightly higher than the national average of $1,430, but it offers greater affordability than other places in the area. However, the cost of groceries in Holiday City-Berkeley is relatively high with a grocery cost index of 101 compared to the US average of 100.
The community is home to several notable companies including First Atlantic Bank and HomeTowne Realty – both well established in the region. Additionally, Berkeley Township School District serves families in the area providing quality education options for their children. All these factors make Holiday City-Berkeley an ideal location for those seeking to invest in real estate or set up a business as it offers numerous opportunities while being conveniently located near major commuter routes.

Holiday City-Berkeley (zip 08757) has an unemployment rate of 9.6%. The US average is 6.0%.

Holiday City-Berkeley (zip 08757) 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 24.9%, which is lower than the US average of 33.5%.

Tax Rates for Holiday City-Berkeley (zip 08757)
- The Sales Tax Rate for Holiday City-Berkeley (zip 08757) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Holiday City-Berkeley (zip 08757) 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 Holiday City-Berkeley (zip 08757)
- The average income of a Holiday City-Berkeley (zip 08757) resident is $39,454 a year. The US average is $37,638 a year.
- The Median household income of a Holiday City-Berkeley (zip 08757) resident is $50,807 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHoliday City-Berkeley, 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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