Atlantic City is a city in New Jersey state in USA with a population of 37793 residents..
The poverty rate of Atlantic City is 35.2%, which is 151% higher than national average.
The typical household in Atlantic City earns $29526 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 70.2% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Atlantic City are struggling financially. Nearly one in every 1 in every 7 workers in Atlantic City is unemployed.
The unemployment rate of Atlantic City remained 13.8%, which is 194% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census.
Cost of living in Atlantic City is 96, which is 4% lower than national average.
In Atlantic City, only 19% of adults have a bachelor's degree and 23% have some college but no degree.
Median home value in Atlantic City is $150000 , which is 35% lower than national average.
While median income in Atlantic City remained $29526, which is 56% lower than national average.