Zip 08802 (Asbury, NJ) Economy


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Asbury Park, NJ is a vibrant community located in Monmouth County. The city is home to approximately 16,000 people and offers a range of amenities to its residents. The average two bedroom rent prices in Asbury Park are $2,160 per month, slightly higher than the national average of $1,430. It is also known for having a higher grocery cost index at 105 compared to 100 nationally.
Asbury Park residents have several large companies to work with such as iCIMS and Avaya in town, plus nearby commercial centers like Freehold Raceway Mall and Jersey Shore Premium Outlets. There are plenty of exciting attractions in the area as well; popular spots include Silverball Museum Arcade, Paramount Theatre, Asbury Park Boardwalk and Casino Pier & Breakwater Beach Waterpark - all perfect for entertaining family and friends!

Asbury (zip 08802) has an unemployment rate of 5.9%. The US average is 6.0%.

Asbury (zip 08802) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 22.4%, which is lower than the US average of 33.5%.

Tax Rates for Asbury (zip 08802)
- The Sales Tax Rate for Asbury (zip 08802) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Asbury (zip 08802) 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 Asbury (zip 08802)
- The average income of a Asbury (zip 08802) resident is $50,224 a year. The US average is $28,555 a year.
- The Median household income of a Asbury (zip 08802) resident is $114,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAsbury, New JerseyUnited States
  5.96
  -7.2%-6.2%
  22.4%33.5%
  6.6%6.2%
  5.5%4.6%
  $50,418$37,638
  $114,083$69,021
  $123,750$85,028
  Population by Occupation
  3.6%1.2%
  0.0%0.5%
  6.9%6.8%
  8.9%10.0%
  4.5%2.5%
  4.4%11.0%
  1.5%4.8%
  0.2%0.8%
  2.2%1.9%
  6.1%4.7%
  1.0%1.9%
  7.9%7.6%
  0.0%0.1%
  3.4%4.2%
  8.9%9.3%
  16.6%14.0%
  4.2%2.1%
  6.7%7.0%
  5.3%4.8%
  7.6%4.7%
Health