Asbury Park, NJ (07712) is a beautiful beachfront community located near the Jersey Shore. It has a wide variety of shopping and dining options, including local favorites such as Porkroll & Eggs Café and the Asbury Festhalle & Biergarten. The area also offers plenty of recreational opportunities, from relaxing on the boardwalk to exploring nearby Seven Presidents Oceanfront Park. Housing in Asbury Park is generally more expensive than other parts of New Jersey; the median 2 bedroom rent is $1,650, compared to the US average of $1,430. Additionally, grocery cost index in Asbury Park is 106 versus 100 in the US. Despite higher costs of living than most areas of New Jersey, Asbury Park is an attractive destination for many looking to take advantage of its unique offerings and proximity to the ocean.
Asbury Park (zip 07712) has an unemployment rate of 6.9%. The US average is 6.0%.
Asbury Park (zip 07712) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 25.2%, which is lower than the US average of 33.5%.
Tax Rates for Asbury Park (zip 07712)
- The Sales Tax Rate for Asbury Park (zip 07712) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Asbury Park (zip 07712) 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 Park (zip 07712)
- The average income of a Asbury Park (zip 07712) resident is $34,245 a year. The US average is $28,555 a year.
- The Median household income of a Asbury Park (zip 07712) resident is $84,328 a year. The US average is $69,021 a year.