Places/NJ/Ocean County, NJ
County profile

Ocean County, NJ

United States · GDP 2024
#187 of 3,127 US counties by GDP51st-percentile growthmore diversified than 57% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$31.7B
BEA · 2024
GDP growth (YoY)
+4.5%
BEA · 2024
Jobs tracked
172,650
Census CBP · 2023
Employers
15,020
Census CBP · 2023
Avg. wage
$55.8k
BLS QCEW · 2023
Population
673,746
Census PEP · 2025
Labor, income & education
Unemployment
4.3%
Median HH income
$89.9k±$1.6k
Bachelor's degree+
34.4%±0.7%
Poverty rate
10.5%±0.7%
Business applications
10,576 · 2025
Retail establishments
2,057
30.8/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1First Commerce BankFinancial Services$95.3M45D2Lightstone Value Plus Real Estate Investment Trust V, Inc.Real Estate$51.2M44D3Reliance Global Group, Inc.Financial Services$12.4M36D4Dream Homes & Development CorporationConsumer Cyclical$10.1M57C5OceanFirst Financial Corp.Financial Services

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care37%
Retail trade24%
Food & accommodation15%
Construction8%
Other services8%
Education8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
673,746
residents · 2025 · +5.6% since 2020
Income per capita $64.1k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+16,721
International migration+6,837
Natural change+12,515

GDP trend

20192024 · nominal
$23.3B
2019
$24.0B
2020
$26.0B
2021
$27.8B
2022
$30.3B
2023
$31.7B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$398.4k±$3.3k
Median gross rent
$1.8k/mo±$30/mo
Vacancy rate
17.7%±0.5%
Affordability
7.1× wages
Residential permits
$638.5M
2,831 units · 4.2/1k pop
FEMA risk score
96.2
HUD Fair Market Rent (2BR):$2.3k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 100Winter weather 99Coastal flooding 98
FHFA HOUSE PRICE INDEX · 20162025
745
2016
765
2017
793
2018
819
2019
855
2020
983
2021
1174
2022
1296
2023
1400
2024
1483
2025
RESIDENTIAL PERMITS · 20212025
-25% since 2021
3,758
2021
3,791
2022
4,006
2023
3,706
2024
2,831
2025

Transport access

BTS · FAA · USACE
Nearest interstate
30.1 km
I-195
Nearest freight rail
9.4 km
Freight rail
Nearest port
15.3 km
CEDAR CREEK N J
Nearest commercial airport
53.9 km
ATLANTIC CITY INTL
Wage trend
BLS QCEW · 20192023
$55.8k
avg. annual pay · +22% since 2019
The read

What is the GDP of Ocean?

Ocean's economy produced $31.7B in 2024, growing 4.5% year over yearabout the middle of the pack among US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.