ExecutivePulse
Official Federal Data

Ocean County, New Jersey

FIPS 34029 · New York-Newark-Jersey City, NY-NJ · Population 654,362
9 Sources Updated June 22, 2026
$89,863
Median Income
$80,734 national
5.3%
Unemployment
4% national
$31.7B
GDP
34.4%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$89,863
Per Capita
$44,947
Mean Household
$118,767
Poverty Rate
10.5%
Median Income Comparison
Ocean County$89,863
New Jersey$103,556
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 22.6% (148,007 residents) 55-64: 13.3% (86,972 residents) 35-54: 20.7% (135,633 residents) 18-34: 18.4% (120,384 residents) Under 18: 25% (163,366 residents) 41 Median Age
Cohorts
Under 18 · 25%
18-34 · 18.4%
35-54 · 20.7%
55-64 · 13.3%
65+ · 22.6%
Race & Ethnicity
White83.3%
Black or African American3%
Asian1.9%
Hispanic or Latino(any race)10.9%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
93.5%
High School+
National: 89.6%
▲ +3.9 pts
34.4%
Bachelor's+
National: 35.7%
▼ 1.3 pts
12.5%
Graduate+
National: 14.1%
▼ 1.6 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
654,362
Population
300,684
Labor Force
Employed
283,847
Unemployment Rate BLS LAUS 2025 annual
5.3% ▲ +0.6 pts YoY
Mean Commute 4 min above national avg
30.0 min
Work From Home vs 15.1% national
12.5%
Key Takeaways
  • Income premium: Households earn well above the national median, supporting strong retail and housing markets.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$31.7B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Ocean County, New Jersey, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Health Care and Social Assistance
45,572 30.9%
$61,807
2Retail Trade
27,213 18.4%
$43,023
3Accommodation and Food Services
18,391 12.5%
$29,189
4Construction
10,829 7.3%
$74,715
5Professional, Scientific, and Technical Services
9,834 6.7%
$88,157
6Educational Services
8,581 5.8%
$36,112
7Administrative and Support and Waste Management
8,414 5.7%
$55,849
8Other Services (except Public Administration)
7,731 5.2%
$39,581
9Manufacturing
5,771 3.9%
$73,679
10Arts, Entertainment, and Recreation
5,250 3.6%
$33,825
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Key Takeaways
  • Largest sector: Health Care and Social Assistance employs 45,572 workers (30.9% of tracked sectors), at an average wage of $61,807.
  • Economic scale: Regional GDP of $31.7B (2024).
  • Wage stratification: Professional, Scientific, and Technical Services averages $88,157 while Accommodation and Food Services averages $29,189, a 3.0x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Fishing, Hunting and Trapping
8.44x
78
4.24x
1,198
Educational Services
2.14x
8,581
Amusement, Gambling, and Recreation Industries
2.08x
4,917
Nursing and Residential Care Facilities
1.99x
8,443
Food and Beverage Retailers
1.94x
7,783
Ambulatory Health Care Services
1.78x
19,808
Personal and Laundry Services
1.75x
3,417
Clothing, Clothing Accessories, Shoe, and Jewelry Retailers
1.67x
2,354
Building Material and Garden Supply Retailers
1.60x
2,705

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Health Care & Social Assistance Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
28,251
Cluster Employment
1.99x
Peak LQ
Concentrated Sub-Sectors
Fishing, Hunting and Trapping
8.44x 78
4.24x 1,198
Educational Services
2.14x 8,581
Amusement, Gambling, and Recreation Industries
2.08x 4,917
Nursing and Residential Care Facilities
1.99x 8,443
Food and Beverage Retailers
1.94x 7,783
Ambulatory Health Care Services
1.78x 19,808
Personal and Laundry Services
1.75x 3,417
Clothing, Clothing Accessories, Shoe, and Jewelry Retailers
1.67x 2,354
Building Material and Garden Supply Retailers
1.60x 2,705

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.12x
Computer and Electronic Product Manufacturing
148 employed
0.13x
Transportation Equipment Manufacturing
288 employed
0.14x
Crop Production
92 employed
0.14x
Plastics and Rubber Products Manufacturing
121 employed
0.16x
Computing Infrastructure Providers and Data Processing
96 employed
0.17x
Management of Companies and Enterprises
541 employed
Key Takeaways
  • Top specialization: Fishing, Hunting and Trapping concentrates at 8.44x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Ocean County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$398,400
Median Home Value vs 2019
$1,755
Rent/Mo
80.7%
Owner-Occ
17.7%
Vacancy
4.4x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$1,676/mo
1 Bedroom
$1,889/mo
2 Bedroom
$2,328/mo
3 Bedroom
$3,043/mo
4 Bedroom
$3,371/mo
30% of monthly median household income (~$2,247/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 4.4x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 80.7% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 17.7% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Affordable rent tiers: 2 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$2,247/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
342,989
Working Age (18-64) vs 2019
Mean Commute 4 min above national avg
30.0 min
Work From Home vs 15.1% national
12.5%
Prime-Age Employed (25-54)
81.1%
of prime-age population
Labor force participation rate: 61.2% of working-age population (18-64) 61% Participation
▲ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
34.4%
HS Diploma+
93.5%
Regional / Statewide Institutions
Total credentials awarded
32,479/yr
Rutgers University-New Brunswick 13,105/yr
Rowan University 5,800/yr
Montclair State University 5,465/yr
Kean University 3,249/yr
New Jersey Institute of Technology 2,792/yr
Bergen Community College 2,068/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
25.4%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
42.5%
Service
15.9%
Sales & Office
24.1%
Construction / Maint.
8.5%
Production / Transport
8.9%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 283,847 employed workers.
Key Takeaways
  • Succession risk is real: 25.4% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 24,370 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Ocean County shows strong potential for fishing, hunting and trapping attraction, with a 8.44x concentration and 78 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 25.4% of the working-age population within 10 years of retirement age.

The interconnected base across fishing, hunting and trapping, , and educational services creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Ocean County, New Jersey, from federal data sources.

What is the population of Ocean County, New Jersey?

654,362 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Ocean County, New Jersey?

$89,863 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Ocean County, New Jersey?

5.3% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Ocean County, New Jersey?

$31.7B (U.S. Bureau of Economic Analysis, CAGDP1).