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AREA INFORMATION

08740 (Ocean Gate, NJ)

Explore the real estate in 08740 (Ocean Gate, NJ)

Area Highlights

08740 (Ocean Gate, NJ) residents have a median age of 50.1 years old, with employment highest in the construction and installation, maintenance, repair industries.

1,916 Population

The population has increased by 2.3% since the year 2010.

881 Households

$65,504 /yr
Median Household Income

$435,000
Median Home Sale Price

25m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

50.1 Median Age

Average Household Size

2.2
persons per
household

37%

Married Households

Community Population By Education

High School Graduate 43%
Bachelors Degree 25%
Some College 12%
Associates Degree 7%
Graduate Degree 6%
Some High School 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 43.06% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
22.8% of households have children

Area Schools

PK-6
0.3 MILES
C
Ocean Gate Elementary School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$65,504 /yr
Median Household Income
$435,000
Median Sales Price
25 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.13% of the households.

Transportation to Work

  • Drive 88%
  • Work from Home 10%
  • Walk or Bike 3%
  • Public Transit 0%

Occupancy by Type

Owned 663 57%
Vacant 279 24%
Rented 218 19%

White vs Blue Collar Jobs







White Collar 70%
Blue Collar 30%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 50.1 years old. The smallest percentage group is 65-74 years and the largest percentage is the 0-5 years age range.

Community Population By Ethnicity

White 85%
Hispanic 8%
Black 3%
Other 3%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 85%, followed by Hispanic at 8%, Black at 3%, and Other at 3%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

82° July
Hottest Average Month
24° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
24°
40°
Feb
26°
41°
Mar
33°
48°
Apr
41°
58°
May
51°
68°
Jun
61°
77°
Jul
66°
82°
Aug
66°
81°
Sep
59°
75°
Oct
48°
65°
Nov
38°
54°
Dec
29°
44°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$199,900
For sale
0.28 acres

553 Ocean Gate Drive
Ocean Gate, NJ 08740

$549,900
For sale
3 beds • 2 baths • 1 half baths • 1,423 sqft

518 E Bayview Avenue
Ocean Gate, NJ 08740

$799,900
For sale
4 beds • 2 baths • 2 half baths

614 E Long Branch Avenue
Ocean Gate, NJ 08740

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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