Forked River, NJ Profile: Facts & Data

The Forked River CDP⁽¹⁾ had a population of 5,458 as of July 1, 2024. Forked River ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New Jersey. See peer rankings below.

The primary coordinate point for Forked River is located at latitude 39.8398 and longitude -74.1901 in Ocean County. The formal boundaries for the Forked River Census Designated Place encompass a land area of 2.75 sq. miles and a water area of 7.59 sq. miles. Ocean County is in the Eastern time zone (GMT -5).

The Forked River Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Forked River Census Designated Place is located within Township of Lacey, a minor civil division (MCD) of Ocean County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Forked River, NJ Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	5,458 (100%)
Population in Households	5,448 (99.8%)
Population in Families	4,515 (82.7%)
Population in Group Quarters¹	10 ( 0.2%)
Population Density	1,995
Diversity Index²	34


INCOME
Median Household Income	$87,678
Average Household Income	$121,853
% of Income for Mortgage⁴	39%
Per Capita Income	$49,052
Wealth Index⁵	137
Socioeconomic Status Index⁶	Moderate (58.4)

HOUSING
Total HU (Housing Units)	2,736 (100%)
Owner Occupied HU	1,924 (70.3%)
Renter Occupied HU	273 ( 10.0%)
Vacant Housing Units	539 (19.7%)
Median Home Value	$541,571
Average Home Value	$569,725
Housing Affordability Index³	57

HOUSEHOLDS
Total Households	2,197
Average Household Size	2.48
Family Households	1,461
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Forked River, NJ - Peer Comparisons by Rank and Percentile

The table below compares Forked River to the other 700 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.81%	0.54%
Households	1.10%	0.78%
Families		0.53%
Median Household Income		2.91%
Per Capita Income		3.31%
Owner Occupied HU		1.17%

Variable Description	Rank	Percentile
Total Population	# 275	61st
Population Density	# 374	47th
Median Household Income	# 502	28th
Housing Affordability Index	# 125	18th
Per Capita Income	# 442	37th
Diversity Index	# 567	19th

Forked River, NJ Profile: Facts & Data

Forked River, New Jersey - Basic Facts

Forked River, NJ Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Forked River, NJ - Peer Comparisons by Rank and Percentile

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