Zip 08723 (Brick, NJ) Economy


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Brick, NJ (08723) is an ideal location for those seeking moderate housing prices and a range of amenities. The 2-bedroom rent in Brick is $1,610 on average, which is slightly more expensive than the US average of $1,430. Additionally, Brick's grocery cost index is 104 versus 100 in the US to indicate that groceries are slightly more expensive here as well.
The small town of Brick offers residents with easy access to beaches and various recreational activities while still being close to major cities like Philadelphia and New York City. Businesses like Banko's Seafood, Atlantic Coast Steel Fabricators Inc., Monmouth Masonry Supply Co., Olsson Roofing Company Inc., and Nino's Pizzeria & Italian Restaurant are all based out of Brick and give employment opportunities to locals. In addition, Brick has become home to large retail stores like Target, Walgreens Pharmacy, Stop & Shop Supermarket, and Best Buy creating additional jobs in the area.

Brick (zip 08723) has an unemployment rate of 7.4%. The US average is 6.0%.

Brick (zip 08723) 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 27.0%, which is lower than the US average of 33.5%.

Tax Rates for Brick (zip 08723)
- The Sales Tax Rate for Brick (zip 08723) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Brick (zip 08723) 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 Brick (zip 08723)
- The average income of a Brick (zip 08723) resident is $32,809 a year. The US average is $28,555 a year.
- The Median household income of a Brick (zip 08723) resident is $92,434 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBrick, New JerseyUnited States
  7.46
  -6.6%-6.2%
  27.0%33.5%
  6.6%6.2%
  5.5%4.6%
  $41,684$37,638
  $92,434$69,021
  $106,559$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  6.6%6.8%
  5.8%10.0%
  1.6%2.5%
  18.5%11.0%
  5.3%4.8%
  1.1%0.8%
  1.5%1.9%
  3.8%4.7%
  1.4%1.9%
  4.9%7.6%
  0.0%0.1%
  2.9%4.2%
  7.9%9.3%
  13.4%14.0%
  3.8%2.1%
  8.7%7.0%
  7.5%4.8%
  4.8%4.7%
Health