Ocean Gate borough, New Jersey Unemployment

Ocean Gate borough, New Jersey has a population of 2,148, with a median household income of $82,114.

Current unemployment data for Ocean Gate borough.

3.30%

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Population

2,148

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Median Income

$82,114

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Unemployment

3.30%

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Housing Price

$344,228

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Crime Rate

0.40

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Internet Speed

244.10 Mbps

Ocean Gate borough is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Ocean Gate borough, located in New Jersey, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Ocean Gate borough has a population of 2,148, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Ocean Gate borough is $82,114, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Ocean Gate borough is about $344,228, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Ocean Gate borough is 3.30%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Ocean Gate borough are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New Jersey, Ocean Gate borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Ocean Gate borough offers a balanced mix of economic conditions, population trends, and housing opportunities within New Jersey.

Frequently Asked Questions about Ocean Gate borough

What is the population of Ocean Gate borough?

The population of Ocean Gate borough is approximately 2,148.

Is Ocean Gate borough a good place to live?

Ocean Gate borough offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Ocean Gate borough?

The median household income in Ocean Gate borough is around $82,114.

How expensive is housing in Ocean Gate borough?

The average housing price in Ocean Gate borough is approximately $344,228.