The typical family size in Ocean Ridge, FL is 2.56 residential members, with 84.9% owning their particular dwellings. The mean home appraisal is $1051210. For people paying rent, they pay on average $1467 per month. 28.6% of families have 2 sources of income, and a median household income of $101750. Median individual income is $52639. 4.1% of town residents exist at or beneath the poverty line, and 13.2% are handicapped. 8.3% of inhabitants are ex-members of this armed forces.
The work force participation rate in Ocean Ridge is 48%, with an unemployment rate of 5.3%. For people in the labor force, the average commute time is 24.6 minutes. 26.1% of Ocean Ridge’s populace have a masters degree, and 32.6% posses a bachelors degree. For all those without a college degree, 25.7% attended at least some college, 13.8% have a high school diploma, and just 1.8% possess an education not as much as senior high school. 5.8% are not included in medical insurance.
Ocean Ridge, Florida is situated in Palm Beach county, and includes a populace of 1956, and is part of the greater Miami-Port St. Lucie-Fort Lauderdale, FL metro area. The median age is 59.9, with 1.5% regarding the community under ten years old, 7.7% are between 10-nineteen years old, 5.7% of citizens in their 20’s, 4.9% in their 30's, 9.4% in their 40’s, 21.1% in their 50’s, 15.5% in their 60’s, 22.6% in their 70’s, and 11.8% age 80 or older. 47.3% of inhabitants are men, 52.7% women. 58.7% of citizens are reported as married married, with 19.5% divorced and 12.7% never married. The percent of residents recognized as widowed is 9.1%.