Living in Asbury Park, New Jersey
Cost of living, income, home prices, rent and demographics of Asbury Park · Census data 2020–2024
Asbury Park has 15,295 residents with a median age of 38.2. The median household income is $75,544 (27% lower than the New Jersey median), the median home value is $581,100, the median rent is $1,722/month.
Asbury Park at a glance
- Population
- 15,295
- Median age
- 38.2State: 40.1
- Median household income
- $75,544State: $103,556
- Median home value
- $581,100State: $454,400
- Median rent
- $1,722/moState: $1,720
- Homeowners
- 27.7%
- Bachelor's degree or higher
- 43%
- Average commute
- 26 min
Is Asbury Park a good place to live?
Pros: An average commute of 26 minutes; unemployment of 5.6%.
Cons: Median household income 27% lower than the New Jersey median; home values 28% higher than the state median; a poverty rate of 21.9%.
The weather is best in June to September.
Cost of living in Asbury Park
Housing is the biggest part of the cost of living. In Asbury Park the median home value is $581,100, 75% higher than the U.S. median. Renters pay a median of $1,722 per month, which is 31.6% of household income. Homeowners with a mortgage pay $2,619 a month in housing costs.
Asbury Park median household income
The median household income in Asbury Park is $75,544 and the income per person is $51,543. 21.9% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Asbury Park: homes for sale and rent
- Housing units
- 8,681
- Owner-occupied
- 27.7%
- Renter-occupied
- 72.3%
- Vacant
- 13.6%Includes seasonal homes
- Median year built
- 1960
- Average household size
- 2.01
Asbury Park demographics
- Population
- 15,295
- Median age
- 38.2
- Under 18
- 15.6%
- 65 and older
- 12.5%
- Households
- 7,499
- Foreign-born
- 20.4%
- Veterans
- 3.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Asbury Park ›
Education in Asbury Park
43% of adults 25 and older in Asbury Park have a bachelor's degree or higher (New Jersey: 43.6%), and 18.1% have a graduate or professional degree.
Jobs and commute in Asbury Park
- Unemployment rate
- 5.6%State: 6.3%
- Average commute
- 26 minState: 31 min
- Work from home
- 13.7%
- Drive alone
- 57.3%
- Public transit
- 5%
- Walk to work
- 7.7%
- Homes with broadband
- 91.8%
Asbury Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Asbury Park | 15,295 | $75,544 | $581,100 | $1,722 |
| Ocean Grove | 3,092 | $89,286 | $790,100 | $1,488 |
| Interlaken | 939 | $199,167 | $1,058,200 | $2,750 |
| Loch Arbour | 185 | $118,750 | $1,375,000 | — |
| Allenhurst | 376 | $99,375 | $1,152,800 | $1,602 |
| Wanamassa | 4,279 | $140,972 | $570,100 | $2,066 |
| Bradley Beach | 4,158 | $97,005 | $932,800 | $1,790 |
| Deal | 686 | $113,854 | $1,642,000 | $1,981 |
| Neptune City | 4,606 | $88,864 | $420,700 | $1,526 |
More for people moving to Asbury Park
Asbury Park ZIP code ›Weather and climate ›Living in Asbury Park: FAQ
What is the median household income in Asbury Park, NJ?
The median household income in Asbury Park is $75,544, 27% lower than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Asbury Park?
The median home value in Asbury Park is $581,100, compared with $454,400 in New Jersey.
How much is rent in Asbury Park?
The median gross rent in Asbury Park is $1,722 per month, about 31.6% of household income.
Is Asbury Park, NJ a good place to live?
Pluses: an average commute of 26 minutes; unemployment of 5.6%. Minuses: median household income 27% lower than the New Jersey median; home values 28% higher than the state median; a poverty rate of 21.9%.
What is the median age in Asbury Park?
The median age in Asbury Park is 38.2 years (New Jersey: 40.1).
How long is the commute in Asbury Park?
The average commute to work in Asbury Park is 26 minutes; 13.7% of workers work from home.
What is the unemployment rate in Asbury Park?
The unemployment rate in Asbury Park is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Asbury Park?
43% of adults in Asbury Park 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.
Last updated: