Menlo Park Terrace vs Ocean Grove
Side-by-side comparison
How does Menlo Park Terrace, NJ compare to Ocean Grove, NJ? Menlo Park Terrace has a population of 2,952 with a median household income of $111,111, while Ocean Grove has 2,916 residents and a median income of $74,410. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Menlo Park Terrace, NJ | Ocean Grove, NJ | Difference |
|---|---|---|---|
| Population | 2,952 | 2,916 | +1.2% |
| Median Age | 40.1 | 62.1 | -35.4% |
| Foreign Born % | 43.1% | 11.6% | +271.6% |
| Metric | Menlo Park Terrace | Ocean Grove | Difference |
|---|---|---|---|
| Median Income | $111,111 | $74,410 | +49.3% |
| Unemployment | 6.9% | 5.5% | +25.5% |
| Poverty Rate | 6% | 6.6% | -9.1% |
| Bachelor's+ | 37.8% | 66.3% | -43.0% |
| Metric | Menlo Park Terrace | Ocean Grove | Difference |
|---|---|---|---|
| Home Value | $379,100 | $764,200 | -50.4% |
| Median Rent | $1879/mo | $1212/mo | +55.0% |
| Housing Units | 931 | 2,831 | -67.1% |