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==Economy== Portions of the city are part of an [[Urban Enterprise Zone]] (UEZ), one of 32 zones covering 37 municipalities statewide. Gloucester City was selected in 2004 as one of two zones added to participate in the program.<ref>[https://www.state.nj.us/dca/affiliates/uez/publications/pdf/tax_q&a_052709.pdf ''Urban Enterprise Zone Tax Questions and Answers''], [[New Jersey Department of Community Affairs]], May 2009. Accessed October 28, 2019. "Legislation was amended again in 2004 to include Gloucester City and New Brunswick, creating a total of 32 zones in 37 municipalities."</ref> In addition to other benefits to encourage employment and investment within the Zone, shoppers can take advantage of a reduced 3.3125% [[sales tax]] rate (half of the {{frac|6|5|8}}% rate charged statewide) at eligible merchants.<ref>[https://www.nj.gov/dca/affiliates/uez/about/ Urban Enterprise Zone Program], [[New Jersey Department of Community Affairs]]. Accessed October 27, 2019. "Businesses participating in the UEZ Program can charge half the standard sales tax rate on certain purchases, currently 3.3125% effective 1/1/2018"</ref> Established in August 2004, the city's Urban Enterprise Zone status expires in August 2024.<ref>[https://www.nj.gov/dca/affiliates/uez/publications/pdf/ZONE%20EXPIRATION%20DATES%20-%202018.pdf Urban Enterprise Zone Effective and Expiration Dates], [[New Jersey Department of Community Affairs]]. Accessed January 8, 2018.</ref>
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