Housing costs in Ocean Acres?
A typical home costs
$494,700, which is 46.3% more expensive than the national average of
$338,100 and 14.5% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Ocean Acres costs
$1,820 per month, which is 27.3% more than the national average of
$1,430 and 6.0% more than the state average of
$1,710.
Can I afford Ocean Acres?
To live comfortably in Ocean Acres (zip 08050), New Jersey, a minimum annual income of
$94,680 for a family, and
$58,000 for a single person is recommended.
What does A.I. say about Ocean Acres?
Ocean Acres, NJ is a relatively affordable place to live. According to estimates from the US Census Bureau, the median home value in 08050 is $162,000. In addition, the median household income for Ocean Acres is $71,800 and the cost of living index is 92 which is 8% lower than the national average. This makes it an attractive location for those looking for an affordable place to settle down. The local area has all the amenities you'd expect from a suburban community, including plenty of shopping options and convenient access to major highways. All in all, living in Ocean Acres can be an excellent option for people on a budget looking for a safe and peaceful place to call home.