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Ocean County, NJ

RANK #502 / 1001 NAT  ·  #12 / 21 NJ  ·  POP 654,362

1YR FORECAST: +1.7%

5YR OUTLOOK: +28%

Ocean County's housing market is projected to grow +1.7% over the next year, below the national average.

[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.

MARKET PROFILE

Idiosyncratic Markets

Ocean County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +4.3% YoY, population +1.2%, wages +2.4%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
23.0x

Overvalued relative to economy

Home Prices
+4.3%

Outpacing national median

Climate & Terrain
0.7

Moderate climate & terrain

Price/Rent
12x

Strong rental yield

Housing looks overvalued at 23.0x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Ocean County School Districts (Toms River Regional, Brick Township, Jackson Township) Education
    5,000+
  2. 2
    Six Flags Great Adventure Hospitality
  3. 3
    RWJBarnabas Health (Community Medical Center, Barnabas Health Behavioral Health Center, Monmouth Medical Center Southern Campus, Ocean University Medical Center) Healthcare
    2,500+
  4. 4
    Ocean County Government Government
  5. 5
    Joint Base McGuire-Dix-Lakehurst Military
  6. 6
    Anchor Auto Lease Other
    1,000+
  7. 7
    OceanFirst Bank Finance
    500+
  8. 8
    Wawa Retail
  9. 9
    Home Depot Retail
  10. 10
    Stop & Shop Retail

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Ocean County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
654,362
+1.23% YoY
Median Household Income
$89,863
Median Home Value
$398,400
+4.34% 12mo
Median Rent
$1,755
Average Annual Pay
$58,825
+2.4% YoY
Employment
192,640
+1.4% YoY
Income-to-Home-Value
0.2256
Near national average
Migration Inflow
2.06%
of pop. from another state
Bachelor's Degree+
34.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$515,000
Days on Market
28
Active market
Months of Supply
3.3
Balanced market
Sale-to-List Ratio
99.5%
Near asking price
Sold Above List
36.4%
Listings w/ Price Drops
28.2%
Building Permits (2025)
2,831
Single-Family Permits
2,372

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

[05] Crime & Safety

A
SAFETY
GRADE
Homicide Rate
1.2
per 100K · nat avg 6.3
Firearm Fatalities
3.5
per 100K · nat avg 14.8
Injury Deaths
72.4
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
41.3
Good
Good Air Days
74%
801 of 1,080 days
Unhealthy+ Days (3yr)
16
Includes 1 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
42
2022
40
2023
42
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Score Breakdown

Population Growth +1.2% 73 percentile
Income Growth +4.0% 78 percentile
Vacancy Rate 0.6% 87 percentile
Home Price Change +4.3% 81 percentile
Rent Growth +3.6% 63 percentile
Price/Rent 12x 89 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

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

Ocean County scores 49/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#502). Median household income is $89,863 and job growth is running at +1.4%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Ocean County affordable?

Ocean County leans toward the expensive side. A median home value of $398,400 against an income-to-home-value ratio of 0.23 means housing eats a bigger share of local earnings than the national norm. Renters face $1,755/month on average.

Is Ocean County growing or shrinking?

Ocean County is growing on multiple fronts. Population is up +1.2% year-over-year while employers added jobs at a +1.4% clip — and home values reflect that momentum, rising +4.3% over the past 12 months.

Are people moving to Ocean County?

There's a moderate stream of newcomers. About 2.06% of residents moved from another state, which is above average and suggests Ocean County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Warren County, NJ 50 Bergen County, NJ 50 Gloucester County, NJ 51 Camden County, NJ 52 Mercer County, NJ 38 Sussex County, NJ 61 Bernalillo County, NM 49 Lancaster County, PA 49