What is the median household income in Ocean Gate Borough, NJ?
The median household income in Ocean Gate Borough, NJ is $69,397 (±$18,552) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,604 a month would take about $64,200 a year at the common guideline of spending no more than 30% of income on rent.
In Ocean Gate Borough, the median household income went from $57,426 in 2015–2019 to $69,397 in 2020–2024 (+20.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $69,397 (±$18,552)
- Income to afford median rent
- about $64,200
Income in Ocean Gate Borough against Ocean County, its state and the nation
| Ocean Gate Borough | Ocean County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $69,397 (±$18,552) | $89,863 (±$1,555) | $103,556 (±$513) | $80,734 |
| Median renter household income | — | $58,423 (±$2,802) | $62,674 (±$718) | $52,966 |
| Median owner household income | $71,500 (±$18,147) | $100,587 (±$1,633) | $133,477 (±$624) | $100,009 |
| Median gross rent | $1,604 (±$710) | $1,755 (±$30) | $1,720 (±$7) | $1,413 |
In Ocean Gate Borough, median household income is lower than in Ocean County ($89,863).
It is also lower than in New Jersey ($103,556).
It is not measurably different from the national figure ($80,734).
In Ocean County, Ocean Gate Borough ranks 29 of 33 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 517 of 561.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Ocean Gate Borough
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,604 a month ($19,248 a year) needs an income of about $64,200 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $57,426 (±$15,127) | $69,397 (±$18,552) | +20.8% | No measurable change after inflation |
| Median gross rent | $1,651 (±$160) | $1,604 (±$710) | −2.8% | No measurable change after inflation |
| Median home value | $240,800 (±$18,770) | $358,000 (±$13,892) | +48.7% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Ocean Gate Borough
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Ocean Gate Borough | — | $69,397 (±$18,552) | — |
| Island Heights Borough | 1.2 mi | $109,231 (±$19,343) | Higher |
| Pine Beach Borough | 2.0 mi | $142,920 (±$23,918) | Higher |
| Seaside Park Borough | 3.0 mi | $84,375 (±$15,346) | Not measurably different |
| Berkeley Township | 3.2 mi | $66,008 (±$3,346) | Not measurably different |
| Seaside Heights Borough | 3.3 mi | $47,589 (±$25,253) | Not measurably different |
| Dover Beaches South | 3.4 mi | $144,844 (±$29,703) | Higher |
| Beachwood Borough | 3.6 mi | $106,858 (±$8,795) | Higher |
| South Toms River Borough | 3.9 mi | $103,503 (±$5,710) | Higher |
Nearby places with a measurably higher figure: Island Heights Borough, NJ ($109,231), Pine Beach Borough, NJ ($142,920), Dover Beaches South, NJ ($144,844).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Ocean County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 23 | Toms River Township | $99,547 (±$4,439) |
| 24 | Little Egg Harbor Township | $92,446 (±$5,565) |
| 25 | Barnegat Township | $91,540 (±$5,071) |
| 26 | Tuckerton Borough | $88,892 (±$15,094) |
| 27 | Lakehurst Borough | $84,531 (±$21,800) |
| 28 | Seaside Park Borough | $84,375 (±$15,346) |
| 29 | Ocean Gate Borough | $69,397 (±$18,552) |
| 30 | Berkeley Township | $66,008 (±$3,346) |
| 31 | Lakewood Township | $65,101 (±$3,571) |
| 32 | Manchester Township | $56,885 (±$4,780) |
| 33 | Seaside Heights Borough | $47,589 (±$25,253) |
Showing 11 of 33 places in Ocean County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Ocean Gate Borough
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Questions about Ocean Gate Borough
What is the median household income in Ocean Gate Borough?
The median household income in Ocean Gate Borough is $69,397 (±$18,552) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Ocean Gate Borough?
About $64,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,604 a month.
Have incomes in Ocean Gate Borough kept up with inflation?
In Ocean Gate Borough, the median household income went from $57,426 in 2015–2019 to $69,397 in 2020–2024 (+20.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Ocean Gate borough, Ocean County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Ocean Gate borough, Ocean County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ocean Gate borough, Ocean County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Ocean Gate borough, Ocean County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Ocean Gate borough, Ocean County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Ocean Gate borough, Ocean County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Ocean Gate borough, Ocean County, New Jersey (county subdivision:54450, in state:34 county:029).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Ocean Gate Borough at a glance
- Home values in Ocean Gate Borough
- Homeowner costs in Ocean Gate Borough
- Property taxes in Ocean Gate Borough
- Types of homes in Ocean Gate Borough
- Bedrooms in Ocean Gate Borough
- Age of homes in Ocean Gate Borough
- Heating fuel in Ocean Gate Borough
- Commute and cars in Ocean Gate Borough
- Crime reported to police in Ocean Gate Borough
- Population growth in Ocean Gate Borough
- How long people stay in Ocean Gate Borough
- Fair Market Rent in Ocean Gate Borough
- New Jersey landlord and tenant rules
- Housing across Ocean County
- New Jersey places ranked by median household income
- Housing data for every place in New Jersey