Zip 08403 (Longport, NJ) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Longport, NJ 08403 is a quaint beach community located in Atlantic County. It is known for its pristine beaches, picturesque views of the Atlantic oceanfront, and close proximity to the hustle and bustle of Atlantic City. The two bedroom rent rate in Longport is $2,330 per month which is slightly above the US average of $1,430. Grocery costs are slightly higher than the national average with a cost index of 117 versus 100 in the US.
Local businesses that serve this community include Kenwood Diner & Pizza, Longport Seafood Restaurant, Fossa Apparel Co., Lacey’s Family Framing & Art Gallery, Longport Beachcombers Gift Shop and The Wooden Duck Boardwalk Boutique. These establishments bring together locals while providing them with excellent products and services at competitive prices. The local economy benefits from these small business which helps to sustain it year-round.

Longport (zip 08403) has an unemployment rate of 11.6%. The US average is 6.0%.

Longport (zip 08403) has seen the job market increase by 2.1% 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 Longport (zip 08403)
- The Sales Tax Rate for Longport (zip 08403) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Longport (zip 08403) 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 Longport (zip 08403)
- The average income of a Longport (zip 08403) resident is $70,550 a year. The US average is $28,555 a year.
- The Median household income of a Longport (zip 08403) resident is $105,385 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLongport, New JerseyUnited States
  11.66
  -14.0%-6.2%
  19.5%33.5%
  6.6%6.2%
  5.5%4.6%
  $108,708$37,638
  $105,385$69,021
  $137,500$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.2%6.8%
  3.4%10.0%
  2.0%2.5%
  4.2%11.0%
  0.8%4.8%
  0.0%0.8%
  2.5%1.9%
  10.7%4.7%
  3.4%1.9%
  14.6%7.6%
  0.0%0.1%
  0.0%4.2%
  13.8%9.3%
  19.2%14.0%
  2.5%2.1%
  4.2%7.0%
  1.7%4.8%
  10.7%4.7%
Health