08348 Port Elizabeth, NJ is a vibrant community that offers its residents a range of amenities. With a population of 4,820 people, this suburb of the greater Philadelphia area enjoys close proximity to the city and its popular attractions. As for housing costs, two bedroom rents in 08348 are $1,470 per month – slightly higher than the US average of $1,430. Groceries and other essential items are also slightly pricier here as this area has an index of 101 compared with 100 in the US.
Local businesses in this community include Port Elizabeth Yacht Club which provides sailing and fishing opportunities for local residents. Other local business owners include Lorraine Hair & Beauty Salon, The Ford Store Of Port Elizabeth, Dick's Sporting Goods, and Langford's Restaurant & Bar. Each business is run by dedicated owners who care about their communities and offer quality services at reasonable prices.
Port Elizabeth (zip 08348) has an unemployment rate of 9.4%. The US average is 6.0%.
Port Elizabeth (zip 08348) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Port Elizabeth (zip 08348)
- The Sales Tax Rate for Port Elizabeth (zip 08348) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Port Elizabeth (zip 08348) 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 Port Elizabeth (zip 08348)
- The average income of a Port Elizabeth (zip 08348) resident is $32,682 a year. The US average is $37,638 a year.
- The Median household income of a Port Elizabeth (zip 08348) resident is $93,750 a year. The US average is $69,021 a year.