Ventnor City, NJ, with a population of 10,624 people according to the 2019 census, is an ideal place to call home. It offers an affordable 2 bedroom rent at $1,710 which is significantly lower than the national average of $1,430. The grocery cost index in Ventnor City is 106 compared to the US average of 100.
Ventnor City boasts numerous local companies such as Ledo Pizza and the Egg Harbor Café for delicious meals. There are also a variety of amenities including parks and bike trails along with plentiful shopping opportunities. For fun activities there are many attractions nearby like Lucy the Elephant Museum or Steel Pier Amusement Park where visitors can enjoy fun filled rides and games. Ventnor City has something for everyone!
Ventnor City (zip 08406) has an unemployment rate of 11.6%. The US average is 6.0%.
Ventnor City (zip 08406) has seen the job market decrease by -14.0% 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 Ventnor City (zip 08406)
- The Sales Tax Rate for Ventnor City (zip 08406) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Ventnor City (zip 08406) 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 Ventnor City (zip 08406)
- The average income of a Ventnor City (zip 08406) resident is $43,291 a year. The US average is $37,638 a year.
- The Median household income of a Ventnor City (zip 08406) resident is $66,657 a year. The US average is $69,021 a year.