What is the population of Ocean Gate borough?

Ocean Gate borough has 1,768 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #482 of 700 in New Jersey.

What is the median household income in Ocean Gate borough?

Median household income in Ocean Gate borough is $75,278 a year, 4.2% below the national figure of $78,538.

How much does it cost to rent or buy in Ocean Gate borough?

Median gross rent is $1,724 a month and the median home value is $342,100, so rent absorbs about 27.5% of median household income.

Is Ocean Gate borough affordable compared with the rest of the US?

Homes cost about 4.5× the local median income here versus roughly 3.9× nationally, so Ocean Gate borough is less affordable to buy in than the typical US market, and rent takes 27.5% of median income against the 30% cost-burden line.

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New Jersey · Census place 54450

Ocean Gate, NJ population, income and ZIP codes

Quick answer

The population of the city of Ocean Gate, New Jersey (Ocean Gate, NJ — Census place “Ocean Gate borough”) is 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. Looking for the Ocean Gate New Jersey ZIP code list? 1 ZIP codes serve Ocean Gate, NJ: 08740.

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

Ocean Gate ZIP codes (New Jersey)

Census ZCTAs whose delivery area overlaps Ocean Gate.

The Ocean Gate NJ ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

08740

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

Ocean Gate borough, NJ in context

How this area compares with national benchmarks.

Ocean Gate borough is a small town in New Jersey, with 1,768 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #482 of 700 ranked by population — larger than 31% of them. The median age here is 46.8 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Ocean Gate borough earn a median of $75,278 a year, 4.2% below the national figure of $78,538 and 30% below the $106,926 median for the 543 New Jersey cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 3.8% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Ocean Gate borough is valued at $342,100, 12.8% above the national figure and 17% below the $412,500 peer median, while median gross rent runs $1,724 a month, 22.6% above the national figure, or roughly $20,688 across a full year. A household on the local median income would put about 27.5% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 4.5×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 80.8% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

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Frequently asked questions

Common questions about this area.

What is the population of Ocean Gate borough?: Ocean Gate borough has 1,768 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #482 of 700 in New Jersey.
What is the median household income in Ocean Gate borough?: Median household income in Ocean Gate borough is $75,278 a year, 4.2% below the national figure of $78,538.
How much does it cost to rent or buy in Ocean Gate borough?: Median gross rent is $1,724 a month and the median home value is $342,100, so rent absorbs about 27.5% of median household income.
Is Ocean Gate borough affordable compared with the rest of the US?: Homes cost about 4.5× the local median income here versus roughly 3.9× nationally, so Ocean Gate borough is less affordable to buy in than the typical US market, and rent takes 27.5% of median income against the 30% cost-burden line.
How current is this Ocean Gate borough data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.