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Ocean Grove, New Jersey

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,092
Population
$89,286
Median Income
$790,100
Home Value
62.2
Median Age

Demographics

Ocean Grove has a population of 3,092 with a median age of 62.2. Here is the racial and ethnic breakdown of the population:

White
93.0%
Hispanic
3.8%
Asian
1.6%
Black
1.0%
Other
0.6%
Demographic Value
Total Population3,092
Median Age62.2
White93.0%
Black or African American1.0%
Asian1.6%
Hispanic or Latino3.8%
Other / Two or More Races0.6%
Ocean Grove, New Jersey — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 93.0%Hispanic/Latino: 3.8%Other: 3.2%3,092PopulationWhiteWhite93.0%Hispanic/LatinoHispanic/Latino3.8%OtherOther3.2%

Income & Economy

The median household income in Ocean Grove is $89,286, which is 10.8% above the national median of $80,610. The per capita income is $88,273. The poverty rate is 6.9%.

$89,286
Median Household Income
$88,273
Per Capita Income
6.9%
Poverty Rate

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Education

In Ocean Grove, 97.1% of residents age 25+ have a high school diploma or higher, and 69.3% hold a bachelor's degree or higher (31.0% with a graduate or professional degree).

HS Diploma+
97.1%
Bachelor's+
69.3%
Graduate+
31.0%
Education Level % of Adults (25+)
High School Diploma or Higher97.1%
Bachelor's Degree or Higher69.3%
Graduate or Professional Degree31.0%

Housing

The median home value in Ocean Grove is $790,100, above the national median of $303,400. The median monthly rent is $1,488. The homeownership rate is 63.7%.

$790,100
Median Home Value
$1,488/mo
Median Rent
63.7%
Homeownership Rate
Housing Metric Value
Median Home Value$790,100
Median Monthly Rent$1,488
Homeownership Rate63.7%
Vacancy Rate37.7%

Salaries in New Jersey

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Frequently Asked Questions

What is the population of Ocean Grove, New Jersey?
The population of Ocean Grove, New Jersey is 3,092 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Ocean Grove, New Jersey?
The median household income in Ocean Grove, New Jersey is $89,286. This is 10.8% above the national median of $80,610.
What is the median home value in Ocean Grove, New Jersey?
The median home value in Ocean Grove, New Jersey is $790,100. The median monthly rent is $1,488.
What percentage of people in Ocean Grove have a college degree?
In Ocean Grove, New Jersey, 69.3% of adults age 25 and older hold a bachelor's degree or higher, and 97.1% have a high school diploma or higher.
Is Ocean Grove, New Jersey an affordable place to live?
The home price-to-income ratio in Ocean Grove, New Jersey is 8.8x (median home value $790,100 vs. median income $89,286), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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