Ocean County
New Jersey · Pop. 637,229
Ranked #121 of 200 counties
38Crisis
Median Home Price
🏠$420K
5.5% YoY
Median Rent
🔑$1,600
Median Income
💰$68K
Rent Burden
📊30.0%
% of income to rent
Housing Shortage
🏗️6,000
estimated unit deficit
Building Permits (2024)
📋3,200
Price-to-Income Ratio
⚖️6.2x
Homeownership Rate
🏡78.0%
How Ocean County Compares
| Metric | Ocean County | New Jersey | National |
|---|---|---|---|
| Home Price | $420K | $461K | $410K |
| Rent | $1,600 | $1,667 | $1,500 |
| Income | $68K | $100K | $75K |
| Rent Burden | 30.0% | 36.0% | 30.0% |
| Homeownership | 78.0% | 64.0% | 65.0% |
Key Takeaways
- • Home prices are 2% above the national average.
- • Rent is 7% above the national average.
- • The county has an estimated housing shortage of 6,000 units.
- • 3,200 building permits were issued in 2024.
- • Year-over-year home prices changed by 5.5%.