Zip 08242 (Rio Grande, NJ) 

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United States / New Jersey / Ocean City Metro Area / Cape May County / No City / Rio Grande (zip 08242)
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Economy in Zip 08242 (Rio Grande, NJ)

Rio Grande (zip 08242) has an unemployment rate of 12.5%. The US average is 6.0%.

Rio Grande (zip 08242) 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 Rio Grande (zip 08242)
- The Sales Tax Rate for Rio Grande (zip 08242) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Rio Grande (zip 08242) 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 Rio Grande (zip 08242)
- The average income of a Rio Grande (zip 08242) resident is $31,598 a year. The US average is $28,555 a year.
- The Median household income of a Rio Grande (zip 08242) resident is $48,523 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYRio Grande, New JerseyUnited States
  12.5%6.0%
  -8.5%-6.2%
  19.1%33.5%
  6.6%6.2%
  5.5%4.6%
  $29,856$31,177
  $53,496$57,652
  $62,532$70,850
  POPULATION BY OCCUPATION
  0.7%1.3%
  0.0%0.6%
  10.2%6.2%
  1.8%10.4%
  7.9%2.7%
  14.9%11.6%
  0.6%4.1%
  1.1%0.9%
  0.0%2.1%
  0.6%4.7%
Real estate, rental, leasing0.8%1.9%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Rio Grande (zip 08242)


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