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Population & People
Population
2,691
Median age
36.9
Median household income
$118,696
Poverty rate
0.5%
Unemployment rate
6.6%
Bachelor's degree+
29.2%
Avg. commute
17 min
Hispanic or Latino
20.2%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$362,200
Median gross rent
$1,266/mo
Homeownership rate
88.06%
HUD FMR — 2 bedroom
$2,285
HUD Fair Market Rent (Massachusetts statewide average across 351 areas — not specific to Ocean Grove), 2026. Efficiency $1726, 1BR $1832, 2BR $2285, 3BR $2813, 4BR $3152. This is a different official figure from Census median gross rent above.
Energy
Massachusetts gasoline midgrade
$4.67
Massachusetts commercial electricity
23.08¢/kWh
Massachusetts industrial electricity
19.35¢/kWh
Massachusetts residential electricity
30.48¢/kWh
Economy
Gross Domestic Product: All Industry Total
820104.9
Real Gross Domestic Product: All Industry Total
644178.8
All-Transactions House Price Index for Massachusetts
1326.94
Unemployment Rate
4.4%
Source: FRED, Massachusetts-specific series.