Zip 08270 (Woodbine, NJ) Economy


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Woodbine, New Jersey (08270) is a small town located in Cape May County. It consists of a tight knit community with many amenities and activities available for residents to enjoy. The area has an average two bedroom rent of $1,520, which is slightly higher than the US average of $1,430. Additionally, grocery costs in Woodbine are 4% higher than the national average.
The area boasts many local companies such as Woodbine Hardware & Supply Co., Agape Auto Repair LLC, Shoreline Pools NJ Inc., and Root’s Carpet Outlet Store. Each business offers its own unique set of services to the residents of Woodbine. Whether you need a tool for your next DIY project or expertly repaired car, you can find what you are looking for here in Woodbine.

Woodbine (zip 08270) has an unemployment rate of 12.5%. The US average is 6.0%.

Woodbine (zip 08270) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.

Tax Rates for Woodbine (zip 08270)
- The Sales Tax Rate for Woodbine (zip 08270) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Woodbine (zip 08270) 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 Woodbine (zip 08270)
- The average income of a Woodbine (zip 08270) resident is $25,428 a year. The US average is $28,555 a year.
- The Median household income of a Woodbine (zip 08270) resident is $78,848 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodbine, New JerseyUnited States
  12.56
  -8.5%-6.2%
  19.1%33.5%
  6.6%6.2%
  5.5%4.6%
  $32,628$37,638
  $78,848$69,021
  $92,538$85,028
  Population by Occupation
  0.5%1.2%
  0.7%0.5%
  8.5%6.8%
  4.2%10.0%
  1.5%2.5%
  13.4%11.0%
  1.7%4.8%
  2.0%0.8%
  2.7%1.9%
  2.4%4.7%
  0.7%1.9%
  3.7%7.6%
  0.0%0.1%
  3.1%4.2%
  14.2%9.3%
  17.8%14.0%
  5.0%2.1%
  5.8%7.0%
  5.5%4.8%
  6.6%4.7%
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