Ocean City, MD Community Information

Ocean City, MD Homes for Sale

Ocean City, MD Community Information

Population

10,610

Median Age

48.4

Median Household Income

$53,189

Households with Children

26.27%

Median Travel Time to Work

20 minutes

Ocean City, MD Real Estate Market Information

Homes Owned

17.36%

Homes Rented

6.45%

Homes Vacant

76.19%

Ocean City, MD Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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Ocean City, MD School Information

Elementary Schools

Primary Schools

Middle Schools

High Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 10,610
  • Total Male Population 5,414
  • Total Female Population 5,196
  • Population change since 2000 2.15%
  • Median age 48.4
  • Percent of households with children 26.27%
  • Personal Crime risk 261

Transportation

  • Median travel time to work 20 minutes
  • Percent using Public transportation 3.37%
  • Percent Driving/Using Carpool 82.66
  • Percent Using Other transportation 7.10%
  • Percent Working From Home 6.87%

Education Levels

  • Some high school 10.88%
  • High school graduate 31.40%
  • Some college 21.81%
  • Associate degree 6.63%
  • Bachelor's degree 20.53%
  • Graduate degree 8.75%

Occupation

  • Agriculture, forestry, and fishing 0.49%
  • Construction 8.19%
  • Manufacturing 1.93%
  • Wholesale Trade 3.18%
  • Retail Trade 11.90%
  • Finance, insurance and real estate 11.98%
  • Services 4.27%
  • Public administration 5.13%
  • Information 2.89%
  • Professional 6.52%
  • Education 12.11%
  • Arts 28.58%

Income

  • Average household income $76,280
  • Income change since 2000 27.61%

Climate

  • Avg. January high/low temp 43.99 / 29.08
  • Avg. July high/low temp 83.93 / 68.65
  • Annual precipitation 44.12
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