LOCAL AREA
Population
27,935
Median HH Income
$58,936
Median Age
44.5
ECONOMY
The economy of Neptune City, NJ employs 2.27k people. The largest industries in Neptune City, NJ are Health Care & Social Assistance (546 people), Retail Trade (362 people), and Public Administration (213 people), and the highest paying industries are Utilities ($83,824), Construction ($76,208), and Wholesale Trade ($72,188).
Median household income in Neptune City, NJ is $58,936. Males in Neptune City, NJ have an average income that is 1.38 times higher than the average income of females, which is $61,412. The income inequality in Neptune City, NJ (measured using the Gini index) is 0.493, which is higher than than the national average.
Median Household Income
$58,936
± $5,385
7.83%
Households in Neptune City, NJ have a median annual income of $58,936, which is less than the median annual income of $60,336 across the entire United States. This is in comparison to a median income of $54,657 in 2016, which represents a 7.83% annual growth.
Look at the chart to see how the median household income in Neptune City, NJ compares to that of it’s neighboring and parent geographies.
Employment by Occupations
2.27k
± 373
3.74%
± 22.3%
From 2016 to 2017, employment in Neptune City, NJ grew at a rate of 3.74%, from 2.19k employees to 2.27k employees.
The most common job groups, by number of people living in Neptune City, NJ, are Office & Administrative Support Occupations (352 people), Management Occupations (224 people), and Sales & Related Occupations (209 people). This chart illustrates the share breakdown of the primary jobs held by residents of Neptune City, NJ.
Most Common
From 2016 to 2017, employment in Neptune City, NJ grew at a rate of 3.74%, from 2.19k employees to 2.27k employees.
The most common job groups, by number of people living in Neptune City, NJ, are Office & Administrative Support Occupations (352 people), Management Occupations (224 people), and Sales & Related Occupations (209 people). This chart illustrates the share breakdown of the primary jobs held by residents of Neptune City, NJ.
Most Specialized
Compared to other places, Neptune City, NJ has an unusually high number of residents working as Legal Occupations (2.83 times higher than expected), Life, Physical, & Social Science Occupations (2.64 times), and Healthcare Support Occupations (2.52 times).
Most Specialized
The highest paid jobs held by residents of Neptune City, NJ, by median earnings, are Education, Training, & Library Occupations ($85,580), Architecture & Engineering Occupations ($81,438), and Management Occupations ($76,833).
Housing & Living
The median property value in Neptune City, NJ was $271,000 in 2017, which is 1.25 times larger than the national average of $217,600. Between 2016 and 2017 the median property value increased from $264,400 to $271,000, a 2.5% increase. The homeownership rate in Neptune City, NJ is 58.7%, which is lower than the national average of 63.9%. People in Neptune City, NJ have an average commute time of 22.7 minutes, and they commute by Drove Alone. Car ownership in Neptune City, NJ is approximately the same as the national average, with an average of 2 cars per household.
$58,936
± $5,385
2.07k
NUMBER OF HOUSEHOLDS
± 350
In 2017, the median household income of the 2.07k households in Neptune City, NJ grew to $58,936 from the previous year’s value of $54,657.
The following chart displays the households in Neptune City, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $60k – $75k range.
Property Value
$271,000
$264,400
± $13,219
In 2017, the median property value in Neptune City, NJ grew to to $271,000 from the previous year’s value of $264,400.
The following charts display, first, the property values in Neptune City, NJ compared to it’s parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Neptune City, NJ the largest share of households have a property value in the $250k – $300k range.
Trade Area
