New Jersey · Census place 54480
Ocean Grove CDP, NJ
Quick answer
Ocean Grove CDP has 2,916 residents, ranking #393 of 700 places in New Jersey. Median household income is $74,410, the median home is worth $764,200 and median gross rent runs $1,212 a month.
- Population
- 2,916Ocean Grove CDP residents
- Median household income
- $74,410Past 12 months, inflation adjusted
- Median home value
- $764,200Owner-occupied units
- Median gross rent
- $1,212Rent plus utilities, monthly
- Median age
- 62.1 yrsAll residents
- Homeownership rate
- 61.7%Owner-occupied households
What the numbers mean in Ocean Grove CDP
Housing cost measured against local earnings.
A household earning the Ocean Grove CDP median would spend about 19.5% 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 10.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.6% of residents and 61.7% 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.
- Hopelawn CDP 2,986
- Menlo Park Terrace CDP 2,952
- Whitesboro CDP 2,946
- Woodlynne borough 2,899
- Stirling CDP 2,868
- Stockton University CDP 2,801
- Pennington borough 2,798
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