Ocean Gate, NJ's Data
About Ocean Gate, NJ's
Ocean Gate is a small borough located in Ocean County, New Jersey, United States. It was incorporated as a borough by an act of the New Jersey Legislature on February 28, 1918, from portions of Berkeley Township. Nestled along the Toms River, Ocean Gate is known for its quaint, small-town atmosphere and scenic riverfront views. The borough's history is closely tied to its development as a summer vacation destination in the early 20th century, attracting visitors with its peaceful beaches and charming boardwalk.
City: Ocean Gate
State: New Jersey
Country: United States
Population: Approximately 2,000 residents as of the latest census data.
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Ocean Gate, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Ocean Gate, NJ
Ocean Gate Beach - A popular spot for swimming, sunbathing, and enjoying the waterfront.
Ocean Gate Boardwalk - Offers picturesque views of the Toms River, ideal for leisurely walks and relaxation.
Veterans Park - A memorial park that honors military veterans, featuring a serene environment for reflection.
Anchor Park - A riverside park that provides facilities for fishing and picnicking, along with a playground for children.
Yacht Club - Active community spot for boating enthusiasts and social gatherings.
The Economy of Ocean Gate, NJ
The economy of Ocean Gate is primarily driven by local businesses, tourism, and real estate. Given its attractive location along the river and its proximity to larger cities, the borough enjoys a steady influx of seasonal visitors which supports local retail and service industries. Real estate, particularly for vacation homes and rentals, plays a significant role in the local economy, reflecting the borough's appeal as a tranquil retreat.
Ocean Gate, NJ Inflation
Understanding the BLS and Inflation in Ocean Gate, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Ocean Gate, NJ. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Ocean Gate, NJ understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Ocean Gate, NJ using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Ocean Gate, NJ when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Ocean gate, NJ
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