Living in Ocean, New Jersey

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

Ocean has 9,014 residents with a median age of 52.1. The median household income is $100,524 (about the same as the New Jersey median), the median home value is $475,200, the median rent is $1,217/month.

Ocean at a glance

Population
9,014
Median age
52.1State: 40.1
Median household income
$100,524State: $103,556
Median home value
$475,200State: $454,400
Median rent
$1,217/moState: $1,720
Homeowners
88.3%
Bachelor's degree or higher
32.5%
Average commute
37 min

Is Ocean a good place to live?

Pros: A poverty rate of 9%.

Cons: Median household income about the same as the New Jersey median; home values 5% higher than the state median; an average commute of 37 minutes; unemployment of 7.9%.

The weather is best in May–June and August–September.

Cost of living in Ocean

Housing is the biggest part of the cost of living. In Ocean the median home value is $475,200, 43% higher than the U.S. median. Renters pay a median of $1,217 per month, which is 30.9% of household income. Homeowners with a mortgage pay $2,332 a month in housing costs.

Median home value

Ocean$475,200
New Jersey$454,400
United States$332,700

Median monthly rent

Ocean$1,217
New Jersey$1,720
United States$1,413

Ocean median household income

The median household income in Ocean is $100,524 and the income per person is $52,462. 9% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Ocean$100,524
New Jersey$103,556
United States$80,734

Housing in Ocean: homes for sale and rent

Housing units
4,407
Owner-occupied
88.3%
Renter-occupied
11.7%
Vacant
11.3%Includes seasonal homes
Median year built
1984
Average household size
2.31

Ocean demographics

Population
9,014
Median age
52.1
Under 18
15.9%
65 and older
32.9%
Households
3,908
Foreign-born
4.9%
Veterans
7.9%Adults 18+

Race and ethnicity

White93.7%
Hispanic or Latino3%
Black1.2%
Asian0.8%

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

Education in Ocean

32.5% of adults 25 and older in Ocean have a bachelor's degree or higher (New Jersey: 43.6%), and 12.4% have a graduate or professional degree.

Bachelor's degree or higher

Ocean32.5%
New Jersey43.6%
United States35.7%

Jobs and commute in Ocean

Unemployment rate
7.9%State: 6.3%
Average commute
37 minState: 31 min
Work from home
10.1%
Drive alone
78.7%
Public transit
1%
Walk to work
0.7%
Homes with broadband
98.2%

Ocean vs nearby towns

TownPopulationMedian incomeHome valueRent
Ocean9,014$100,524$475,200$1,217
Waretown2,076$121,538$505,800—
Forked River5,196$91,493$437,000$2,170
Barnegat25,165$91,540$399,000$1,752
Ocean Acres19,204$121,924$402,500$2,241
Lacey29,508$102,624$409,400$1,971
Barnegat Light500$125,417$1,107,800—
Stafford29,834$117,612$426,200$1,800
Manahawkin2,392$77,031$465,000$1,730

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 $100,524, about the same as 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 $475,200, compared with $454,400 in New Jersey.

How much is rent in Ocean?

The median gross rent in Ocean is $1,217 per month, about 30.9% of household income.

Is Ocean, NJ a good place to live?

Pluses: a poverty rate of 9%. Minuses: median household income about the same as the New Jersey median; home values 5% higher than the state median; an average commute of 37 minutes; unemployment of 7.9%.

What is the median age in Ocean?

The median age in Ocean is 52.1 years (New Jersey: 40.1).

How long is the commute in Ocean?

The average commute to work in Ocean is 37 minutes; 10.1% of workers work from home.

What is the unemployment rate in Ocean?

The unemployment rate in Ocean is 7.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Ocean?

32.5% 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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