Atlantic City is located in Atlantic County, New Jersey. It is a tourist destination known for its attractions such as Boardwalk and the beaches. The city lies on Absecon Island, along the coast of southern New Jersey.
Renting a two-bedroom apartment in Atlantic City costs $1,470 per month, which is slightly higher than the national average of $1,430 per month. Additionally, the cost of buying groceries in Atlantic City is 92% of the national average.
There are many local businesses located across Atlantic City ranging from retail shops to restaurants. Popular businesses include Steel Pier Amusement Park, Ocean Resort Casino, Borgata Hotel & Casino, Tropicana Casino & Resort and The Quarter at Tropicana. Each of these places offer visitors numerous activities to partake in and enjoy their stay in Atlantic City even more.
Atlantic City (zip 08401) has an unemployment rate of 13.6%. The US average is 6.0%.
Atlantic City (zip 08401) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 16.5%, which is lower than the US average of 33.5%.
Tax Rates for Atlantic City (zip 08401)
- The Sales Tax Rate for Atlantic City (zip 08401) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Atlantic City (zip 08401) 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 Atlantic City (zip 08401)
- The average income of a Atlantic City (zip 08401) resident is $18,282 a year. The US average is $28,555 a year.
- The Median household income of a Atlantic City (zip 08401) resident is $29,789 a year. The US average is $69,021 a year.