Living in Ocean Ridge, Florida

Cost of living, income, home prices, rent and demographics of Ocean Ridge · Census data 2020–2024

Ocean Ridge has 1,537 residents with a median age of 64.8. The median household income is $128,750 (73% higher than the Florida median), the median home value is $1,138,700, the median rent is $1,953/month.

Ocean Ridge at a glance

Population
1,537
Median age
64.8State: 42.6
Median household income
$128,750State: $74,568
Median home value
$1,138,700State: $359,000
Median rent
$1,953/moState: $1,669
Homeowners
83%
Bachelor's degree or higher
80.2%
Average commute
33 min

Is Ocean Ridge a good place to live?

Pros: Median household income 73% higher than the Florida median; unemployment of 2.6%; a poverty rate of 6.4%.

Cons: Home values 217% higher than the state median; an average commute of 33 minutes.

The weather is best in December to March.

Cost of living in Ocean Ridge

Housing is the biggest part of the cost of living. In Ocean Ridge the median home value is $1,138,700, 242% higher than the U.S. median. Renters pay a median of $1,953 per month, which is 51% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

Ocean Ridge$1,138,700
Florida$359,000
United States$332,700

Median monthly rent

Ocean Ridge$1,953
Florida$1,669
United States$1,413

Ocean Ridge median household income

The median household income in Ocean Ridge is $128,750 and the income per person is $166,992. 6.4% of residents live below the poverty line (Florida: 12.6%).

Median household income

Ocean Ridge$128,750
Florida$74,568
United States$80,734

Housing in Ocean Ridge: homes for sale and rent

Housing units
1,601
Owner-occupied
83%
Renter-occupied
17%
Vacant
46.8%Includes seasonal homes
Median year built
1974
Average household size
1.80

46.8% of homes are vacant most of the year, a sign that Ocean Ridge has many vacation and second homes.

Ocean Ridge demographics

Population
1,537
Median age
64.8
Under 18
6.5%
65 and older
49.1%
Households
852
Foreign-born
11.1%
Veterans
7.2%Adults 18+

Race and ethnicity

White87.2%
Hispanic or Latino5.2%
Black0%
Asian2.3%

Hispanic or Latino can be of any race. Population history of Ocean Ridge ›

Education in Ocean Ridge

80.2% of adults 25 and older in Ocean Ridge have a bachelor's degree or higher (Florida: 34.1%), and 31.6% have a graduate or professional degree.

Bachelor's degree or higher

Ocean Ridge80.2%
Florida34.1%
United States35.7%

Jobs and commute in Ocean Ridge

Unemployment rate
2.6%State: 4.8%
Average commute
33 minState: 28 min
Work from home
25.9%
Drive alone
63.6%
Public transit
1.3%
Walk to work
2.7%
Homes with broadband
90.3%

Ocean Ridge vs nearby towns

TownPopulationMedian incomeHome valueRent
Ocean Ridge1,537$128,750$1,138,700$1,953
Briny Breezes394$65,179$254,000$1,188
Boynton Beach81,435$70,074$351,100$2,041
Manalapan353$164,375$2,000,001$3,501
San Castle3,052$57,228$303,900$1,596
Hypoluxo2,798$78,214$290,900$2,194
Gulf Stream785$226,563$2,000,001$1,750
Lantana12,256$70,012$396,200$1,758
Golf265$250,001$2,000,001—

More for people moving to Ocean Ridge

Ocean Ridge ZIP code ›Weather and climate ›

Living in Ocean Ridge: FAQ

What is the median household income in Ocean Ridge, FL?

The median household income in Ocean Ridge is $128,750, 73% higher than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Ocean Ridge?

The median home value in Ocean Ridge is $1,138,700, compared with $359,000 in Florida.

How much is rent in Ocean Ridge?

The median gross rent in Ocean Ridge is $1,953 per month, about 51% of household income.

Is Ocean Ridge, FL a good place to live?

Pluses: median household income 73% higher than the Florida median; unemployment of 2.6%; a poverty rate of 6.4%. Minuses: home values 217% higher than the state median; an average commute of 33 minutes.

What is the median age in Ocean Ridge?

The median age in Ocean Ridge is 64.8 years (Florida: 42.6).

How long is the commute in Ocean Ridge?

The average commute to work in Ocean Ridge is 33 minutes; 25.9% of workers work from home.

What is the unemployment rate in Ocean Ridge?

The unemployment rate in Ocean Ridge is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Ocean Ridge?

80.2% of adults in Ocean Ridge have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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