Living in Ocean, New Jersey
Cost of living, income, home prices, rent and demographics of Ocean · Census data 2020–2024
Ocean has 27,896 residents with a median age of 41.1. The median household income is $108,626 (5% higher than the New Jersey median), the median home value is $678,300, the median rent is $1,530/month.
Ocean at a glance
- Population
- 27,896
- Median age
- 41.1State: 40.1
- Median household income
- $108,626State: $103,556
- Median home value
- $678,300State: $454,400
- Median rent
- $1,530/moState: $1,720
- Homeowners
- 62.7%
- Bachelor's degree or higher
- 52.1%
- Average commute
- 26 min
Is Ocean a good place to live?
Pros: Median household income 5% higher than the New Jersey median; an average commute of 26 minutes; unemployment of 5.3%; a poverty rate of 8.2%.
Cons: Home values 49% higher than the state median.
The weather is best in June to September.
Cost of living in Ocean
Housing is the biggest part of the cost of living. In Ocean the median home value is $678,300, 104% higher than the U.S. median. Renters pay a median of $1,530 per month, which is 33.1% of household income. Homeowners with a mortgage pay $3,118 a month in housing costs.
Ocean median household income
The median household income in Ocean is $108,626 and the income per person is $60,224. 8.2% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Ocean: homes for sale and rent
- Housing units
- 11,864
- Owner-occupied
- 62.7%
- Renter-occupied
- 37.3%
- Vacant
- 7.6%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.54
Ocean demographics
- Population
- 27,896
- Median age
- 41.1
- Under 18
- 23.4%
- 65 and older
- 21.7%
- Households
- 10,968
- Foreign-born
- 17%
- Veterans
- 3.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Ocean ›
Education in Ocean
52.1% of adults 25 and older in Ocean have a bachelor's degree or higher (New Jersey: 43.6%), and 20.6% have a graduate or professional degree.
Jobs and commute in Ocean
- Unemployment rate
- 5.3%State: 6.3%
- Average commute
- 26 minState: 31 min
- Work from home
- 17.5%
- Drive alone
- 67.3%
- Public transit
- 2.4%
- Walk to work
- 1.4%
- Homes with broadband
- 95.1%
Ocean vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Ocean | 27,896 | $108,626 | $678,300 | $1,530 |
| Oakhurst | 3,538 | $145,893 | $718,900 | $3,305 |
| Wanamassa | 4,279 | $140,972 | $570,100 | $2,066 |
| Interlaken | 939 | $199,167 | $1,058,200 | $2,750 |
| Deal | 686 | $113,854 | $1,642,000 | $1,981 |
| Allenhurst | 376 | $99,375 | $1,152,800 | $1,602 |
| Loch Arbour | 185 | $118,750 | $1,375,000 | — |
| West Long Branch | 8,586 | $114,271 | $684,300 | $1,970 |
| Asbury Park | 15,295 | $75,544 | $581,100 | $1,722 |
More for people moving to Ocean
Ocean ZIP code ›Weather and climate ›Living in Ocean: FAQ
What is the median household income in Ocean, NJ?
The median household income in Ocean is $108,626, 5% higher 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?
The median home value in Ocean is $678,300, compared with $454,400 in New Jersey.
How much is rent in Ocean?
The median gross rent in Ocean is $1,530 per month, about 33.1% of household income.
Is Ocean, NJ a good place to live?
Pluses: median household income 5% higher than the New Jersey median; an average commute of 26 minutes; unemployment of 5.3%; a poverty rate of 8.2%. Minuses: home values 49% higher than the state median.
What is the median age in Ocean?
The median age in Ocean is 41.1 years (New Jersey: 40.1).
How long is the commute in Ocean?
The average commute to work in Ocean is 26 minutes; 17.5% of workers work from home.
What is the unemployment rate in Ocean?
The unemployment rate in Ocean is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Ocean?
52.1% of adults in Ocean 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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