Ocean Grove

Population: 2,916
Median household income: $74,410
Median home value: $764,200

Located in Monmouth County, New Jersey, Ocean Grove is a community with a population of 2,916. Its median household income of $74,410 runs below the Monmouth County figure of $122,727.

Between 2019 and 2023, Ocean Grove's population declined 4.3% from 3,047 to 2,916, while its median home value rose 53.2% from $498,700 to $764,200.

Households average 1.66 people. The median gross rent is $1,212.

Demographics

ACS 2019–2023

Population: 2,916
Median age: 62.1 yrs
Median household income: $74,410
Median home value: $764,200
Median gross rent: $1,212
Housing units: 2,831
Homeownership rate: 61.7%
Bachelor's degree or higher: 66.3%
Unemployment rate: 5.5%

Trends

ACS 5-year · 2019–2023

Population

3,0472,916

Median household income

$63,093$74,410

Median home value

$498,700$764,200

Median gross rent

$1,281$1,212

Year	Population	Median household income	Median home value	Median gross rent
2019	3,047	$63,093	$498,700	$1,281
2020	3,151	$64,290	$695,300	$1,280
2021	2,962	$65,078	$771,800	$1,270
2022	3,129	$72,500	$771,700	$1,324
2023	2,916	$74,410	$764,200	$1,212

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 51.5%

5 to 171.5%

18 to 243.6%

25 to 346.9%

35 to 449.8%

45 to 5411.6%

55 to 6430.8%

65 to 7424.6%

75 and over9.7%

	Count	Share
Under 5	43	1.5%
5 to 17	43	1.5%
18 to 24	106	3.6%
25 to 34	202	6.9%
35 to 44	286	9.8%
45 to 54	338	11.6%
55 to 64	898	30.8%
65 to 74	717	24.6%
75 and over	283	9.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,536	87.0%
Black or African American	19	0.7%
American Indian & Alaska Native	0	0.0%
Asian	65	2.2%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	30	1.0%
Hispanic or Latino (any race)	266	9.1%

Educational attainment (age 25+)

No high school diploma7.7%

High school graduate10.6%

Some college or associate's15.4%

Bachelor's degree35.6%

Graduate or professional degree30.6%

	Count	Share
No high school diploma	211	7.7%
High school graduate	288	10.6%
Some college or associate's	420	15.4%
Bachelor's degree	971	35.6%
Graduate or professional degree	834	30.6%

Commute to work

Mean travel time to work: 31 min

Drove alone52.2%

Carpooled3.5%

Public transit13.8%

Walked5.6%

Bicycle0.4%

Worked from home23.9%

Other means0.6%

How workers get to work

	Count	Share
Drove alone	769	52.2%
Carpooled	51	3.5%
Public transit	203	13.8%
Walked	83	5.6%
Bicycle	6	0.4%
Worked from home	352	23.9%
Other means	9	0.6%

Travel time

	Count	Share
Under 15 min	330	29.4%
15 to 29 min	287	25.6%
30 to 44 min	215	19.2%
45 to 59 min	101	9.0%
60+ min	188	16.8%

Households

Average household size: 1.66
Poverty rate: 6.6% (190 of 2,897)

	Count	Share
Family households	825	48.1%
Nonfamily households	891	51.9%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	1,716	60.6%
Vacant	1,115	39.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,058	61.7%
Renter-occupied	658	38.3%

1-unit, detached56.1%

1-unit, attached8.3%

2 to 4 units24.2%

5 to 19 units5.1%

20 or more units6.3%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,589	56.1%
1-unit, attached	234	8.3%
2 to 4 units	685	24.2%
5 to 19 units	145	5.1%
20 or more units	178	6.3%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3454480
Type (LSAD): 57
Land area: 0.37 sq mi
Water area: 0.05 sq mi
Center point: 40.2118, -74.0069