New Jersey · Census place 54450
Ocean Gate borough, NJ
Quick answer
Ocean Gate borough has 1,768 residents, ranking #482 of 700 places in New Jersey. Median household income is $75,278, the median home is worth $342,100 and median gross rent runs $1,724 a month.
- Population
- 1,768Ocean Gate borough residents
- Median household income
- $75,278Past 12 months, inflation adjusted
- Median home value
- $342,100Owner-occupied units
- Median gross rent
- $1,724Rent plus utilities, monthly
- Median age
- 46.8 yrsAll residents
- Homeownership rate
- 80.8%Owner-occupied households
What the numbers mean in Ocean Gate borough
Housing cost measured against local earnings.
A household earning the Ocean Gate borough median would spend about 27.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.8% of residents and 80.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Jersey.
- Brooklawn borough 1,788
- Cranford CDP 1,783
- Voorhees CDP 1,775
- Annandale CDP 1,751
- Mickleton CDP 1,734
- Folsom borough 1,732
- Kenvil CDP 1,719
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