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For SaleAsbury Park, NJ Homes for Sale
Living In Asbury Park, NJ
Asbury Park, New Jersey is a small city with a population of approximately 16,000. The city's residents, at an average age of just over 36, are decidedly younger than most cities in New Jersey. Homeowners tend to be in the minority in the city, and 80% of residents are renting, driven in part by a relatively affordable average rent that is $117 per month less than the state average. Over the course of a year, renters in Asbury Park will save around $1,400 compared to the state average.
There are three primary industries in Asbury Park: healthcare, entertainment, and retail. Combined, these industries account for 23% of the labor force in the city. Meanwhile, in terms of job function, 6% of residents work in sales, which ranks as the top field in the city. With an average annual income of about $60,000, Asbury Park workers bring in less than their peers elsewhere in New Jersey. The city's average income also trails the national average ($73,345). Compared to the national average, Asbury Park has a high concentration of residents older than 25 who possess a high school degree or equivalent (25%). In addition, 9% have a Bachelor's degree and 6% possess a Master's degree or Doctorate.
With an average commute time of about 28 minutes, faster than most cities in the state, Asbury Park residents find that traveling to work isn't overly time-consuming. Driving is the most common mode of getting to work, chosen by 33% of residents, while public transportation isn't extensively used. Few commuters (5%) walk to work, though the number is well above the national average.
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