Asbury Park is a city in New Jersey state in USA with a population of 15536 residents.. The poverty rate of Asbury Park is 22.5%, which is 61% higher than national average. The typical household in Asbury Park earns $53655 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 48.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Asbury Park, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Asbury Park remained 8.3%, which is 77% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Asbury Park, only 39% of adults have a bachelor's degree and 22% have some college but no degree.

Cost of living in Asbury Park is 138, which is 38% higher than national average. Median home value in Asbury Park is $397900 , which is 73% higher than national average. While median income in Asbury Park remained $53655, which is 21% lower than national average.