08050 Ocean Acres, NJ is a great place to live for those who are looking for an affordable lifestyle. The 2 bedroom rent in this area is $1,820 - that's 10% less than the US average of $1,430. Additionally, the grocery cost index in 08050 Ocean Acres is 104 versus 100 in the US - providing shoppers with more options and better value. It's easy to enjoy all that this area has to offer with many local companies, such as Toms River Law Group, Beach Haven West Realty and Ocean Orthodontics located nearby - not to mention the abundance of outdoor activities like fishing and bird watching at Cedar Creek Park or Island Beach State Park.
Ocean Acres (zip 08050) has an unemployment rate of 8.3%. The US average is 6.0%.
Ocean Acres (zip 08050) 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 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Ocean Acres (zip 08050)
- The Sales Tax Rate for Ocean Acres (zip 08050) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Ocean Acres (zip 08050) 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 Ocean Acres (zip 08050)
- The average income of a Ocean Acres (zip 08050) resident is $44,689 a year. The US average is $37,638 a year.
- The Median household income of a Ocean Acres (zip 08050) resident is $93,933 a year. The US average is $69,021 a year.