Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Ocean Acres is a mid-sized city located in the state of New Jersey. The city has a population of 17,325 inhabitants. At 94%, the majority of the Ocean Acres population is White; this is followed by 2% Black and 1% Asian. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Ocean Acres your home, your one-way commute time will typically last around 27 minutes, a duration that aligns with the national average commute time of 26 minutes.
Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Ocean Acres could be a positive experience compared to other cities in New Jersey if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like amenities, commute, education, employment, housing, you can easily compare the best places to live in Ocean Acres and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Ocean Acres to New Jersey and the national average.
Ocean Acres, NJ receives 63 out of 100 for its livability score; this results in a ranking of #400 in New Jersey and #13,297 in the USA. If we dig down a little deeper into each category within the livability score, we see that Ocean Acres has higher than average grades for the following: crime (B+), employment (A+) and housing (A+). Unfortunately for Ocean Acres, there are some categories for which it does not score well, this includes: amenities (F) and cost of living (F).
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Ocean Acres excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Ocean Acres meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Ocean Acres. Everything else becomes a lot less important if it turns out that home prices in Ocean Acres are simply unattainable. Median real estate prices in Ocean Acres come in at $272,700, which is 13.8% lower than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Ocean Acres, the home price to income ratio is 2.9, which is 32.6% lower than the New Jersey average.
Statistic | Ocean Acres | New Jersey | National |
Average one way commute | 27min | 31min | 26min |
Workers who drive to work | 86.4% | 71.7% | 76.4% |
Workers who carpool | 7.4% | 8.1% | 9.3% |
Workers who take public transit | 1.0% | 11.2% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 0.9% | 3.0% | 2.8% |
Working from home | 4.2% | 4.1% | 4.6% |