Is Ocean Acres, New Jersey a Good Place To Live? - Living In Ocean Acres, NJ

Is Ocean Acres, New Jersey a good place to live?
Ocean Acres is a city in New Jersey state in USA with a population of 17325 residents.. The poverty rate of Ocean Acres is 2.5%, which is 82% lower than national average. The typical household in Ocean Acres earns $93586 a year, compared to the national median of $67,500. Nearly 16.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Ocean Acres, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ocean Acres remained 6.7%, which is 43% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Ocean Acres, only 31% of adults have a bachelor's degree and 27% have some college but no degree.

Cost of living in Ocean Acres is 114, which is 14% higher than national average. Median home value in Ocean Acres is $272700 , which is 19% higher than national average. While median income in Ocean Acres remained $93586, which is 39% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
17325
Unemployment
6.7%
43% NAT AVG.
Poverty
2.5%
82% NAT AVG.
Overall Score
6
Median Home Cost
$272700
19% NAT AVG.
Median Income
$93586
39% NAT AVG.
Median Rent
$1805
56% NAT AVG.
Cost Of Living
114
14% NAT AVG.
People Living BPL
1 in 40
Unemployed People
1 in 15
People Earning < $10,000
1 in 45
People Earning < $50,000
16.2%
People with <= High School
1 in 2.4
People With Any Degree
1 in 2.6
Pros & Cons Overview

Jobs80%

Housing90%

Affordability60%

Safety90%

Amenities90%

Diversity50%

Education85%

Commute60%