Zip 08722 (Beachwood, NJ) Economy


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Beachwood, NJ is a small borough located in Ocean County, with a population of 8,722. It is a peaceful suburban community that has all the amenities you could want without feeling too busy and overwhelming. The average 2 bedroom rent in Beachwood is $1,780 which is slightly more expensive than the US average of $1,430. Grocery costs are also slightly higher here with a grocery cost index of 103 compared to 100 in the US.
The town boasts plenty of restaurants to choose from including classic Italian dishes at Roma's Pizza & Grill or sushi at Tomo Sushi & Hibachi. For a more hands on experience there are several Farmers Markets such as Garden State Marketplace and Barnegat Farmers Market where you can pick up fresh local produce each weekend. There are also many shopping centers like the Beachwood Shopping Center or Dover Mall for when you need retail therapy.
Beachwood is known for its parks which offer beautiful views and plenty of recreational activities for families to enjoy together such as tennis courts or walking trails. It’s also home to several public beaches should you wish to soak up some sun this summer! In short, it’s an ideal place to call home; safe enough for children yet exciting enough to keep anyone entertained!

Beachwood (zip 08722) has an unemployment rate of 7.5%. The US average is 6.0%.

Beachwood (zip 08722) 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 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Beachwood (zip 08722)
- The Sales Tax Rate for Beachwood (zip 08722) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Beachwood (zip 08722) 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 Beachwood (zip 08722)
- The average income of a Beachwood (zip 08722) resident is $31,097 a year. The US average is $28,555 a year.
- The Median household income of a Beachwood (zip 08722) resident is $88,940 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeachwood, New JerseyUnited States
  7.56
  -6.6%-6.2%
  28.0%33.5%
  6.6%6.2%
  5.5%4.6%
  $43,043$37,638
  $88,940$69,021
  $97,530$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.7%6.8%
  5.9%10.0%
  1.8%2.5%
  15.3%11.0%
  5.5%4.8%
  1.6%0.8%
  2.0%1.9%
  3.4%4.7%
  0.8%1.9%
  6.5%7.6%
  0.2%0.1%
  5.7%4.2%
  10.6%9.3%
  16.1%14.0%
  2.5%2.1%
  5.7%7.0%
  6.2%4.8%
  5.7%4.7%
Reviews for Beachwood
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Over 18 years ago

It's a very conservative town that is focused on family  More

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