Point Pleasant Beach is a very small coastal borough (i.e. on the ocean, a bay, or inlet) located in the state of New Jersey. With a population of 4,897 people and two associated neighborhoods, Point Pleasant Beach is the 322nd largest community in New Jersey.
Point Pleasant Beach home prices are not only among the most expensive in New Jersey, but Point Pleasant Beach real estate also consistently ranks among the most expensive in America.
There are many members of the armed forces living in Point Pleasant Beach. You will notice when you visit or live here that some of the people you meet or see around town are employed by the armed services - even if they are not always in uniform.
Also of interest is that Point Pleasant Beach has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.53% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Point Pleasant Beach is a major vacation destination. Much of the borough’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Point Pleasant Beach’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
Point Pleasant Beach is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
One downside of living in Point Pleasant Beach is that it can take a long time to commute to work. In Point Pleasant Beach, the average commute to work is 30.64 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative.
Even though Point Pleasant Beach is a smaller borough, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Point Pleasant Beach. 58.86% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Point Pleasant Beach in 2022 was $71,222, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $284,888 for a family of four. However, Point Pleasant Beach contains both very wealthy and poor people as well.
Point Pleasant Beach is a somewhat ethnically-diverse borough. The people who call Point Pleasant Beach home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Point Pleasant Beach residents report their race to be White, followed by Black or African-American. Point Pleasant Beach also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.12% of the borough’s residents. Important ancestries of people in Point Pleasant Beach include Irish, Italian, German, English, and Polish.
In addition, Point Pleasant Beach has a lot of people living here who were born outside of the US (17.13%).
The most common language spoken in Point Pleasant Beach is English. Other important languages spoken here include Spanish and Italian.