Avalon, NJ's Data
About Avalon, NJ's
Avalon Borough, located on Seven Mile Island in Cape May County, New Jersey, is a cherished seaside community known for its high-quality beaches and affluent residents. Established in 1892, Avalon has evolved from a simple maritime hamlet to a popular resort destination. The borough's name, inspired by the legendary island in Arthurian legend, reflects its idyllic setting and pristine natural environment, which includes dunes, beaches, and a maritime forest.
City: Avalon
State: New Jersey
Country: United States
Population: 1,334
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Avalon, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Avalon, NJ
Avalon Beaches - Known for their beauty and cleanliness, offering a perfect spot for sunbathing, swimming, and water sports.
Avalon Dune and Beach Trail - A scenic trail providing views of unique dune ecosystems and wildlife.
Avalon History Center - A museum that showcases the borough's history through exhibits and artifacts.
Avalon Free Public Library - Not just a library, but also a community center with programs and events for all ages.
7 Mile Brewery - A local brewery offering craft beers with a tasting room for visitors to enjoy.
The Economy of Avalon, NJ
Avalon's economy is primarily driven by tourism, especially during the summer months when the population swells with vacationers. The local economy benefits from a mix of rental properties, retail shops, and dining establishments that cater to both seasonal visitors and year-round residents. Real estate is also a significant economic factor, with some of the highest property values in New Jersey, reflecting the borough's status as a premier coastal resort.
Avalon, NJ Inflation
Understanding the BLS and Inflation in Avalon, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Avalon, NJ. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Avalon, NJ understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Avalon, NJ using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Avalon, NJ when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Avalon, NJ
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