Ocean City has a population of approximately 6,869 and experiences a population change rate of -4.24%. The population density is 1,555.5 / sq mi .
Ocean City has a population of approximately 6,869 and experiences a population change rate of -4.24%. The population density is 1,555.5 / sq mi .
The median household income for Ocean City is $58,563, with 3,723 households and an average household size of 1.82.
The median value of a home in Ocean City is $433,600 with an appreciation rate of 14.00%. 8.92% of housing in the state is owned while 3.51% is rented.
The cost of living in Ocean City is 113 %.
The unemployment rate in Ocean City is 3.10%, and recent job growth is at -0.08%. Future job growth is projected at 37.03%.
The sales tax rate in Ocean City is 6.00%, while the income tax rate is 4.75% .
School expenditures in Ocean City are $23,295, and the school ratio is 11.5:1.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 28.2 degrees. The average rainfall is approximately 44 inches per year, with 8.3 inches of snow per year.