The district had been classified by the
New Jersey Department of Education as being in
District Factor Group "FG", the fourth-highest of eight groupings. District Factor Groups organize districts statewide to allow comparison by common
socioeconomic characteristics of the local districts. From lowest socioeconomic status to highest, the categories are A, B, CD, DE, FG, GH, I and J. As part of an effort to reduce costs associated with multiple aging facilities, the district announced in 2016 that it was considering closing the Long Beach Island Grade School and consolidating all students at Ethel A. Jacobsen Elementary School. The plan would require a $16 million bond to cover the costs of expanding and upgrading Jacobsen School to add two new wings, which would add about $50 per year in property taxes for the average homeowner, excluding any contribution from state aid or revenue from the sale of the old building. == Schools ==