8740 Ocean Gate, NJ is an ideal location for those who want to enjoy a peaceful and tranquil lifestyle while still having access to the city. The area boasts a 2-bedroom rent of only $1,790 per month, which is significantly lower than the U.S. average of $1,430 per month. Additionally, the grocery cost index in this region is 103, as opposed to the 100 seen nationally. \nThe local businesses within 8740 Ocean Gate, NJ are varied and expansive. The area boasts both locally owned and nationally recognized brands such as 7-11, Wawa, Walmart Neighborhood Market, Starbucks, Dunkin' Donuts and more. There are also plenty of restaurants like Applebee's Grill & Bar, Carrabba's Italian Grill and Houlihan's for all dining needs. For entertainment options there are cinemas such as AMC Starplex Ocean Township 12 and Showroom Cinemas 13 at Monmouth Mall as well as several local libraries for bookworms to enjoy.
Ocean Gate (zip 08740) has an unemployment rate of 7.5%. The US average is 6.0%.
Ocean Gate (zip 08740) 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 Ocean Gate (zip 08740)
- The Sales Tax Rate for Ocean Gate (zip 08740) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Ocean Gate (zip 08740) 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 Ocean Gate (zip 08740)
- The average income of a Ocean Gate (zip 08740) resident is $41,159 a year. The US average is $37,638 a year.
- The Median household income of a Ocean Gate (zip 08740) resident is $59,397 a year. The US average is $69,021 a year.