Waretown, NJ
Full City Profile · New Jersey · Ocean County County
3.7
/5.0
B+
Good
1,894
Population
2,059/sq mi density
$118,450
Median Income
$46,828 per capita
$498,600
Home Value
$539,056 Zillow
53°F
Avg Temperature
290 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$118,450 median income, 6.6% unemployment
A
Affordability
4.3 / 5.0
$498,600 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
3.7 / 5.0
33.7% bachelor's degree or higher
Income Overview
Median Household Income
$118,450
58% above
US avg: $75,149
Per Capita Income
$46,828
20% above
US avg: $39,052
Unemployment Rate
6.6%
83% above
US avg: 3.6%
Poverty Rate
6.2%
50% below
US avg: 12.4%
Income Comparison: Waretown vs. U.S. Average
Each bar shows Waretown’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$118,450
158%
Per Capita
US: $39,052
$46,828
120%
IRS Avg AGI
US: $72,000
$86,654
120%
Avg Weekly Wage
US: $1,432
$1,105
77%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,105
23% below US avg ($1,432)
Mean Commute Time
46 min
67% above US avg (28 min)
Work From Home
4.9%
68% below US avg (15.2%)
Drive Alone
84.2%
15% above US avg (73.2%)
Public Transit
2.0%
61% below US avg (5.0%)
County GDP
$31,709M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
84.2%
Public Transit
2%
Work From Home
4.9%
Other
8.9%
Average commute time
46 minutes
US avg: 28 min
Business Landscape
Total Establishments
15,958
Restaurants
1,344
Healthcare
1,948
Retail
2,030
Manufacturing
323
Tax & Financial
IRS Avg Adjusted Gross Income
$86,654
20% above US avg ($72,000)
Avg Property Tax
$8,704
149% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $118,450 |
| Per Capita Income | $46,828 |
| IRS Avg Adjusted Gross Income | $86,654 |
| Avg Weekly Wage | $1,105 |
| County GDP | $31,709M |
Hardship Indicators
| Unemployment Rate | 6.6% |
| Poverty Rate | 6.2% |
| Gini Coefficient | 0.458 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 46 minutes |
| Drive Alone | 84.2% |
| Public Transit | 2.0% |
| Work From Home | 4.9% |
Businesses
| Total Establishments | 15,958 |
| Restaurants | 1,344 |
| Healthcare | 1,948 |
| Retail | 2,030 |
| Manufacturing | 323 |
Tax
| IRS Avg AGI | $86,654 |
| Avg Property Tax | $8,704 |
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