87 / 100

Ocean County, NJ

RANK #132 / 996  ·  POP 638,691  ·  NJ

PROJECTED GROWTH: +2.5%

Ocean County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Ocean County?

Ocean County, New Jersey, is defined by its extensive coastline along the Atlantic Ocean and Barnegat Bay, featuring popular destinations like Point Pleasant Beach and Long Beach Island. Located in the south-central part of the state, it sits about 70 miles south of New York City and 50 miles east of Philadelphia. Commuting to New York City is possible via bus routes from locations like Toms River and Brick, though the ride can be lengthy. The county offers a mix of suburban and coastal communities, with abundant outdoor recreation including 27 parks and conservation areas, over 4000 acres of preserved land, and access to the Pine Barrens.

Life in Ocean County often appeals to families and retirees seeking a balance of suburban living and coastal access. The county is home to various school districts, with some areas like Point Pleasant Borough and Stafford Township noted for their schools. The economy is significantly influenced by tourism and hospitality, driven by attractions such as Six Flags Great Adventure, Jenkinson's Boardwalk, and the numerous beaches. Healthcare and retail also contribute to the local economy, with major medical systems like RWJBarnabas Health present. Ocean County has experienced population growth, making it one of New Jersey's faster-growing counties.

[02] Market Snapshot

Housing Ratio
8.9x

Overvalued relative to economy

GDP Growth
+1.5%

Below national median

Home Prices
+3.9%

Outpacing national median

Climate & Terrain
0.7

Moderate climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks overvalued at 8.9x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Ocean County U.S. National

The Numbers

DEMOGRAPHICS
Population
638,691
+1.37% YoY
Median Household Income
$82,379
Median Home Value
$343,500
+3.91% 12mo
Median Rent
$1,639
Average Annual Pay
$57,452
+2.9% YoY
Employment
189,912
+2.7% YoY
Income-to-Home-Value
0.2398
Near national average
Migration Inflow
2.34%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$470,000
Days on Market
49
Moderate pace
Months of Supply
3.5
Balanced market
Sale-to-List Ratio
98.3%
Near asking price
Sold Above List
26.7%
Listings w/ Price Drops
15.7%
Building Permits (2024)
3,706
Single-Family Permits
2,808

Source: Redfin · Census BPS — Browse sales on Redfin →

[06] Score Breakdown

GDP Growth +1.5% 26 percentile
Population Growth +1.4% 80 percentile
Income Growth +7.5% 26 percentile
Vacancy Rate 0.6% 90 percentile
Home Price Change +3.9% 82 percentile
Rent Growth +3.4% 58 percentile
Price/Rent 10x 92 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Ocean County, NJ a good place to move to?

Ocean County has a Boom Town Index score of 87/100, ranking #132 among 996 U.S. counties. With job growth at +2.7% and a median household income of $82,379, it's an above-average county on economic indicators.

Is Ocean County affordable?

The median home value in Ocean County is $343,500 with median rent at $1,639/month. The income-to-home-value ratio is 0.2398, which is less affordable than the national average.

Is Ocean County growing or shrinking?

Population growth: +1.4% year-over-year. Job growth: +2.7%. Home values changed +3.9% in the past 12 months.

Are people moving to Ocean County?

Yes — 2.34% of Ocean County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Tazewell County, IL 97 Trumbull County, OH 97 Southeastern Connecticut Planning Region, CT 97 Marion County, OH 97 Ionia County, MI 97 Grand Forks County, ND 97 Marquette County, MI 97 Lackawanna County, PA 97