Ocean Ridge, FL Profile: Facts & Data

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Ocean Ridge, Florida - Basic Facts

The Town of Ocean Ridge had a population of 1,877 as of July 1, 2019. Ocean Ridge ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Ocean Ridge is located at latitude 26.527 and longitude -80.0484 in Palm Beach County. The formal boundaries for the Town of Ocean Ridge encompass a land area of 0.87 sq. miles and a water area of 0.92 sq. miles. Palm Beach County is in the Eastern time zone (GMT -5). The elevation is 7 feet.

The Town of Ocean Ridge (GNIS ID: 2407033) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Ocean Ridge is located within Boynton Beach-Delray Beach CCD of Palm Beach County.


Jump to... (On This Page!)
  1. Ocean Ridge 2019 Demographic Data
  2. Growth Rates for Ocean Ridge (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Florida Research Tools (Easy Tools & Current Data)
  3. Florida Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Ocean Ridge, FL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Ocean Ridge, FL Housing Affordability Index is 65
State of Florida Housing Affordability Index is 113
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.

WEALTH INDEX

Ocean Ridge, FL Wealth Index is 279
State of Florida Wealth Index is 94
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.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Florida address.

See our:

  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 1,877
Population in Households 1,877
Population in Familes 1,307
Population in Group Qrtrs 0
Population Density 2,459
Diversity Index1 14
 

INCOME

Median Household Income $85,246
Average Household Income $141,875
Per Capita Income $78,661
Wealth Index3 279

HOUSING

Total Housing Units 1,611 (100%)
Owner Occupied HU 797 (49.5%)
Renter Occupied HU 204 (12.7%)
Vacant Housing Units 610 (37.9%)
Median Home Value $652,664
Housing Affordability Index2 65
 

HOUSEHOLDS

Total Households 1,001
Average Household Size 1.88
Family Households 522
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.54% 0.84%
Households 0.54% 0.81%
Families 0.53% 0.68%
Median Household Income   2.9%
Per Capita Income   1.91%

Ocean Ridge, FL - Peer Comparisons by Rank and Percentile

The table below compares Ocean Ridge to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2019 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.

Variable Description Rank Percentile
Total Population # 673 27th
Population Density # 335 64th
Diversity Index # 864 6th
Median Household Income # 91 90th
Per Capita Income # 24 97th

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

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