Zip 08241 (Port Republic, NJ) Economy


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Port Republic, NJ is a small town located in Atlantic County with a population of approximately 2,000 people. It is a thriving community that offers a variety of activities and services for its residents. The typical two-bedroom rent for this area is $1,710 which is slightly higher than the US average of $1,430. Additionally, the grocery cost index for Port Republic is 104 versus 100 in the US.
Port Republic is home to several local businesses that provide goods and services to the residents including Hawk Haven Vineyard and Winery, Sanzari’s New Bridge Inn & Marina, and DeMarco’s Custom Woodworking Studio. These establishments are popular amongst locals and tourists alike who seek to explore the diverse offerings of Port Republic.

Port Republic (zip 08241) has an unemployment rate of 11.6%. The US average is 6.0%.

Port Republic (zip 08241) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.

Tax Rates for Port Republic (zip 08241)
- The Sales Tax Rate for Port Republic (zip 08241) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Port Republic (zip 08241) 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 Republic (zip 08241)
- The average income of a Port Republic (zip 08241) resident is $46,769 a year. The US average is $28,555 a year.
- The Median household income of a Port Republic (zip 08241) resident is $130,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPort Republic, New JerseyUnited States
  11.66
  -14.0%-6.2%
  19.5%33.5%
  6.6%6.2%
  5.5%4.6%
  $61,251$37,638
  $130,500$69,021
  $162,321$85,028
  Population by Occupation
  1.1%1.2%
  0.0%0.5%
  10.5%6.8%
  0.5%10.0%
  0.5%2.5%
  7.1%11.0%
  1.2%4.8%
  0.5%0.8%
  1.1%1.9%
  1.6%4.7%
  0.5%1.9%
  22.8%7.6%
  0.0%0.1%
  2.1%4.2%
  10.5%9.3%
  15.1%14.0%
  1.1%2.1%
  10.3%7.0%
  5.7%4.8%
  7.7%4.7%
Health