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Ocean City Maryland Real Estate By Jennifer Hershey

Ocean City Maryland Real Estate

Ocean City, Maryland, is located in Worcester County, 77 miles S of Vineland, New Jersey and 105 miles SE of Baltimore, Maryland. Ocean City has a population of 7,173.

Ocean City Homes

Ocean City properties pool is 3,755 residential properties including Ocean City new homes. Median age of real estate in Ocean City is 1981. Average Household size is 2.47 people. 9% are one bedroom homes, 42% are 2 bedroom homes, 38% are 3 bedroom homes, 7% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Ocean City Mortgage Statistics

Ocean City mortgages vs. USA median statistics

Homes Ocean City USA
Homes With No Mortgage 44%
30%
Homes With Mortgage 56%
70%
First Mortgage Only 48%
54%
First & Second Mortgage or HELOC 8%
16%

Ocean City Area Real Estate Tax

Ocean City Real estate Tax: Median Real Estate Taxes (2000) were $1,638 comparing to 1999 Median Family income $ 44,614. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Ocean City School District: Children make up 11.3% of Ocean City population. Ocean City has 809 under 18 years old residents, or 0.23 kids per one worker, or 0.22 kids per one household.

Ocean City Real Estate & Ocean City Homeownership

There are 1464.45 or 39% one person households, 1614.65 or 43% two person households, and 337.95 or 9% three person households in Ocean City, Maryland. Median residents age is 47.2, Senior citizens (65+) make up 1,808 or 25.2%% of Ocean City population.

There are 3,512 workers (over 16 years of age) in Ocean City. Of these, 79.5% drive to work. Approximately 5.07% of workers in Ocean City take public transportation. An estimated 6.81% walk to work.

Median Ocean City homeowner's housing expences are 19.3%

Crime in Ocean City (2003), crimes per 10,000 residents per year

Type of Crime Ocean City USA, 2003
Violent Crimes
391.75
47.5
Robberies
55.76
14.2
Aggravated Assaults
313.68
29.5
Property Crimes
1901.58
358.8
Burglaries
235.61
74.0
Larceny-Thefts
1583.72
241.5
Motor Vehicle Thefts
82.25
43.3

Invest in Ocean City Properties

When making a decision about buying real estate in Ocean City Maryland area, you should consider following statistical data:

Category Ocean City USA
Near Medium City
Vineland, New Jersey
-
Near Large City
Baltimore, Maryland
-
Ocean City Zip Codes
21842
-
Ocean City Area Codes
410
-
White population
95.34%
75.1%
African-American population
2.5%
12.3%
Asian
0.74%
3.6%
American Indian & Alaskan
0.11%
0.9%
Hispanic (of any race)
1.24%
12.5%
Median Family Income (1999)
$ 44,614%
$42,000
Population Below Poverty Level
8.42%
12.4%

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See Also:

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