Zip 07064 (Port Reading, NJ) Economy


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07064 Port Reading, NJ is a great place to live for those who want to be close to the city but not in it. The 2 bedroom rent is $1,930 per month, which is higher than the US average of $1,430. This is still comparatively affordable and makes this area an attractive option for families and young professionals. Additionally, the Grocery Cost Index in 07064 Port Reading, NJ is 105 versus 100 in the US which indicates that groceries cost slightly more than average in this area.
07064 Port Reading, NJ has several local companies that make it a desirable place to live. Key Food Supermarket and Seaview Deli are popular grocery stores for residents while Sentry Self Storage provides convenient storage options for businesses and individuals alike. For those looking to relax, there are plenty of parks and recreational spaces like Crows Mill Park and Cheesequake State Park nearby.
Overall, 07064 Port Reading, NJ has a lot to offer its residents with its slightly higher-than-average cost of living but with all the amenities available in such close proximity. Residents can enjoy convenience when it comes to grocery shopping as well as leisure activities like hiking and camping at local parks.

Port Reading (zip 07064) has an unemployment rate of 6.9%. The US average is 6.0%.

Port Reading (zip 07064) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.

Tax Rates for Port Reading (zip 07064)
- The Sales Tax Rate for Port Reading (zip 07064) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Port Reading (zip 07064) 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 Reading (zip 07064)
- The average income of a Port Reading (zip 07064) resident is $28,059 a year. The US average is $28,555 a year.
- The Median household income of a Port Reading (zip 07064) resident is $124,228 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPort Reading, New JerseyUnited States
  6.96
  -6.7%-6.2%
  27.2%33.5%
  6.6%6.2%
  5.5%4.6%
  $41,220$37,638
  $124,228$69,021
  $131,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.7%6.8%
  8.4%10.0%
  3.6%2.5%
  12.0%11.0%
  12.9%4.8%
  0.2%0.8%
  6.6%1.9%
  1.2%4.7%
  0.3%1.9%
  6.2%7.6%
  0.0%0.1%
  3.3%4.2%
  8.0%9.3%
  12.6%14.0%
  0.9%2.1%
  9.0%7.0%
  5.0%4.8%
  5.0%4.7%
Health