Ocean Acres, NJ
Population 18,689 · New Jersey
About Ocean Acres, NJ
Ocean Acres is a mid-sized city located in New Jersey with a population of 18,689 residents according to the latest US Census Bureau American Community Survey data. The median household income is $117,739 per year, which is 57% above the national median of $75,149. The median age of 42.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Ocean Acres features a median home value of $359,200, which is 47% above the national median of $244,900. This positions Ocean Acres in a moderately priced market relative to the rest of the country. Median monthly rent is $2,240, 93% above the national average of $1,163/month. Of the 7,225 total housing units, 95% are owner-occupied (6,487 units) and 5% are renter-occupied (350 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ocean Acres shows an unemployment rate of 5.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 1.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ocean Acres have an average one-way commute time of 31.6 minutes.
Education & Demographics
34.4% of Ocean Acres residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.8% White, 0.3% Hispanic or Latino, 1.7% Black or African American, and 5.1% Asian residents, with 5.7% of the population being foreign-born.
Cost of Living in Ocean Acres, NJ
Compared to national averages, Ocean Acres has a median household income of $117,739 (57% above the national median of $75,149). Home values average $359,200, which is 47% above the national median. Monthly rent at $2,240 is 93% above the US average of $1,163. Within New Jersey, Ocean Acres's income is 2% above the state average of $115,667, and home values are 24% below the state median of $469,644.
Why Live in Ocean Acres, NJ?
Ocean Acres offers a strong local economy with a median household income of $117,739, well above the national average, and a well-educated community where 34.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.8%, better than the national average.
Ocean Acres has a population of 18,689 with a median age of 42.7 years. Compare Ocean Acres with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Ocean Acres
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rutherford | 18,748 | $136,069 | $580,800 | Compare |
| Preakness | 18,538 | $133,168 | $603,200 | Compare |
| Dover | 18,420 | $70,519 | $347,100 | Compare |
| Colonia | 18,294 | $134,301 | $473,200 | Compare |
| Iselin | 19,151 | $112,615 | $394,200 | Compare |
| Point Pleasant | 19,158 | $108,713 | $523,400 | Compare |
| Tinton Falls | 19,252 | $113,844 | $458,300 | Compare |
| Dumont | 18,072 | $125,585 | $469,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Ocean Acres With Other Cities
Frequently Asked Questions about Ocean Acres
What is the population of Ocean Acres, NJ?
The population of Ocean Acres, NJ is 18,689 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in New Jersey.
What is the median household income in Ocean Acres?
The median household income in Ocean Acres, NJ is $117,739 per year, which is 57% above the national median of $75,149.
What is the median home value in Ocean Acres?
The median home value in Ocean Acres, NJ is $359,200, which is 47% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ocean Acres?
The median monthly rent in Ocean Acres, NJ is $2,240, which is 93% above the national average of $1,163/month.
What is the unemployment rate in Ocean Acres?
The unemployment rate in Ocean Acres, NJ is 5.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ocean Acres, NJ a good place to live?
Ocean Acres offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 18,689 and a median age of 42.7, the city appeals to a broad range of residents.
How educated is Ocean Acres, NJ?
34.4% of residents in Ocean Acres aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Ocean Acres?
Key cost-of-living indicators for Ocean Acres, NJ: median home value is $359,200 (47% above national), median rent is $2,240/month, and median household income is $117,739. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ocean Acres?
The poverty rate in Ocean Acres, NJ is 1.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ocean Acres, NJ?
Ocean Acres's population is 1.8% White, 0.3% Hispanic or Latino, 1.7% Black or African American, 5.1% Asian, and 1.0% two or more races. 5.7% of residents are foreign-born.