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Ocean County Housing Market

New Jersey · 21 counties · Ranked #2843 in home value

Above National Avg

Housing at a Glance

Median Home Value

$366,600

vs national+$366,600 vs $281,900 national

Median Gross Rent

$1,702/mo

vs national+$1,702 vs $1,163 national

Effective Tax Rate

1.77%

vs national+1.77% vs 1.02% national

Median Household Income

$86,411

vs national+$86,411 vs $74,755 national

Affordability Ratio

4.2x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

35.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$6,499

Tax as % of Home Value

1.77%

Monthly Owner Cost

$1,630

Renter Income

$55,612

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Ocean County?

The median home value in Ocean County is $366,600. This is above the national median of $281,900.

How much is rent in Ocean County?

The median gross rent in Ocean County is $1,702 per month.

What is the property tax rate in Ocean County?

The effective property tax rate in Ocean County is 1.77%. The median annual property tax bill is $6,499.

Is Ocean County affordable?

With a home-value-to-income ratio of 4.2x, Ocean County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.