Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 62.3 yrs |
|---|---|
| Avg HH Size | 1.66 |
| Below Poverty | 6.3% ▼ 37% below avg |
| College Grads | 73.8% ▲ 90% above avg |
| Unemployment | 5.5% ▲ 13% above avg |
| HS Graduate | 333 (12.8%) |
| Some College | 143 (5.5%) |
| Associates | 203 (7.8%) |
| Bachelors | 135 (5.2%) |
| Graduate Degree | 1,778 (68.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $74,410 ≈ Avg |
|---|---|
| Median Home Value | $764,200 ▲ 174% above avg |
| Home/Income Ratio | 10.3x (nat avg ~3.5x) |
| Median Rent | $1,212/mo |
| Total Housing Units | 2,831 |
| Vacant Units | 1,115 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Ocean Grove is a city in New Jersey, located in Monmouth County. The city spans 1 ZIP code and is home to approximately 3,033 residents. It is an older city, with a median age of 62.3 years.
Economically, Ocean Grove is a solidly middle-class community. The median household income of $74,410 is near the national average. Approximately 6.3% of residents live below the poverty line. The unemployment rate is 5.5%, near the national average.
The real estate market in Ocean Grove is a premium housing market. Median home values stand at $764,200, which is more than double the national average. Renters typically pay around $1,212 per month. Homeownership is high at 61.7%, typical of suburban and family-oriented communities.
The population of Ocean Grove is highly educated. 73.8% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (86.42%).
Ocean Grove, NJ offers residents a cost-conscious lifestyle within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07756 | 3,033 | $74,410 | $764,200 | $1,212 | 5.5% | 73.8% | 61.7% |