Zip 07717 (Avon-by-the-Sea, NJ) Economy


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Avon-by-the-Sea, NJ (07717) is a beautiful beach community located on the shores of the Atlantic Ocean. This seaside town boasts its own boardwalk, local shops, restaurants, and recreational activities for all ages to enjoy. The 2 bedroom rent for this area is $1,610 which is significantly more than the US average of $1,430 due to it's idyllic location. Similarly grocery costs in Avon-by-the-Sea are indexed at 114 versus the US standard of 100 making it more expensive to live there.
There are many local businesses that thrive in this coastal town including Real Food Market, Sand & Sea Travel Agency, and Mellow Yellow Surf Shop. These businesses provide convenient access to essential services as well as unique items tailor fit for a beach town lifestyle. Additionally they provide valuable jobs for locals and help drive the economy up so that more people can afford to live here despite its higher cost of living compared to other areas.

Avon-by-the-Sea (zip 07717) has an unemployment rate of 6.8%. The US average is 6.0%.

Avon-by-the-Sea (zip 07717) 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 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Avon-by-the-Sea (zip 07717)
- The Sales Tax Rate for Avon-by-the-Sea (zip 07717) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Avon-by-the-Sea (zip 07717) 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 Avon-by-the-Sea (zip 07717)
- The average income of a Avon-by-the-Sea (zip 07717) resident is $56,672 a year. The US average is $28,555 a year.
- The Median household income of a Avon-by-the-Sea (zip 07717) resident is $95,781 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAvon-by-the-Sea, New JerseyUnited States
  6.86
  -6.6%-6.2%
  26.8%33.5%
  6.6%6.2%
  5.5%4.6%
  $81,279$37,638
  $95,781$69,021
  $125,208$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.3%6.8%
  2.9%10.0%
  2.6%2.5%
  4.7%11.0%
  4.0%4.8%
  1.6%0.8%
  5.0%1.9%
  12.9%4.7%
  5.1%1.9%
  13.7%7.6%
  0.0%0.1%
  3.2%4.2%
  10.0%9.3%
  13.4%14.0%
  6.1%2.1%
  6.3%7.0%
  1.7%4.8%
  5.4%4.7%
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