Living in Ocean Grove, New Jersey
Cost of living, income, home prices, rent and demographics of Ocean Grove · Census data 2020–2024
Ocean Grove has 3,092 residents with a median age of 62.2. The median household income is $89,286 (14% lower than the New Jersey median), the median home value is $790,100, the median rent is $1,488/month.
Ocean Grove at a glance
- Population
- 3,092
- Median age
- 62.2State: 40.1
- Median household income
- $89,286State: $103,556
- Median home value
- $790,100State: $454,400
- Median rent
- $1,488/moState: $1,720
- Homeowners
- 63.7%
- Bachelor's degree or higher
- 69.3%
- Average commute
- 37 min
Is Ocean Grove a good place to live?
Pros: Unemployment of 4.2%; a poverty rate of 6.9%.
Cons: Median household income 14% lower than the New Jersey median; home values 74% higher than the state median; an average commute of 37 minutes.
The weather is best in June to September.
Cost of living in Ocean Grove
Housing is the biggest part of the cost of living. In Ocean Grove the median home value is $790,100, 137% higher than the U.S. median. Renters pay a median of $1,488 per month, which is 28% of household income. Homeowners with a mortgage pay $3,133 a month in housing costs.
Ocean Grove median household income
The median household income in Ocean Grove is $89,286 and the income per person is $88,273. 6.9% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Ocean Grove: homes for sale and rent
- Housing units
- 2,817
- Owner-occupied
- 63.7%
- Renter-occupied
- 36.3%
- Vacant
- 37.7%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 1.66
37.7% of homes are vacant most of the year, a sign that Ocean Grove has many vacation and second homes.
Ocean Grove demographics
- Population
- 3,092
- Median age
- 62.2
- Under 18
- 2.6%
- 65 and older
- 36.5%
- Households
- 1,754
- Foreign-born
- 8%
- Veterans
- 2%Adults 18+
Hispanic or Latino can be of any race. Population history of Ocean Grove ›
Education in Ocean Grove
69.3% of adults 25 and older in Ocean Grove have a bachelor's degree or higher (New Jersey: 43.6%), and 31% have a graduate or professional degree.
Jobs and commute in Ocean Grove
- Unemployment rate
- 4.2%State: 6.3%
- Average commute
- 37 minState: 31 min
- Work from home
- 32.6%
- Drive alone
- 48.9%
- Public transit
- 7.1%
- Walk to work
- 8.1%
- Homes with broadband
- 89.7%
Ocean Grove vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Ocean Grove | 3,092 | $89,286 | $790,100 | $1,488 |
| Bradley Beach | 4,158 | $97,005 | $932,800 | $1,790 |
| Asbury Park | 15,295 | $75,544 | $581,100 | $1,722 |
| Loch Arbour | 185 | $118,750 | $1,375,000 | — |
| Avon-by-the-Sea | 2,030 | $122,635 | $1,509,600 | $2,078 |
| Neptune City | 4,606 | $88,864 | $420,700 | $1,526 |
| Interlaken | 939 | $199,167 | $1,058,200 | $2,750 |
| Allenhurst | 376 | $99,375 | $1,152,800 | $1,602 |
| Wanamassa | 4,279 | $140,972 | $570,100 | $2,066 |
More for people moving to Ocean Grove
Ocean Grove ZIP code ›Weather and climate ›Living in Ocean Grove: FAQ
What is the median household income in Ocean Grove, NJ?
The median household income in Ocean Grove is $89,286, 14% 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 Ocean Grove?
The median home value in Ocean Grove is $790,100, compared with $454,400 in New Jersey.
How much is rent in Ocean Grove?
The median gross rent in Ocean Grove is $1,488 per month, about 28% of household income.
Is Ocean Grove, NJ a good place to live?
Pluses: unemployment of 4.2%; a poverty rate of 6.9%. Minuses: median household income 14% lower than the New Jersey median; home values 74% higher than the state median; an average commute of 37 minutes.
What is the median age in Ocean Grove?
The median age in Ocean Grove is 62.2 years (New Jersey: 40.1).
How long is the commute in Ocean Grove?
The average commute to work in Ocean Grove is 37 minutes; 32.6% of workers work from home.
What is the unemployment rate in Ocean Grove?
The unemployment rate in Ocean Grove is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Ocean Grove?
69.3% of adults in Ocean Grove 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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