Ocean City New Jersey Real Estate
Ocean City, New Jersey, is located in Cape May County, 26 miles SE of Vineland, New Jersey and 58 miles SE of Philadelphia, Pennsylvania. Ocean City has a population of 15,378.
Ocean City Homes
Ocean City properties pool is 7,464 residential properties including Ocean City new homes. Median age of real estate in Ocean City is 1961. Average Household size is 2.71 people. 4% are one bedroom homes, 17% are 2 bedroom homes, 45% are 3 bedroom homes, 25% are 4 bedroom homes, and 9% are 5+ bedroom homes.
Ocean City Mortgage Statistics
Ocean City mortgages vs. USA median statistics
| Homes |
Ocean City |
USA |
| Homes With No Mortgage |
40% |
30% |
| Homes With Mortgage |
60% |
70% |
| First Mortgage Only |
47% |
54% |
| First & Second Mortgage or HELOC |
13% |
16% |
Ocean City Area Real Estate Tax
Ocean City Real estate Tax: Median Real Estate Taxes (2000) were $2,922 comparing to 1999 Median Family income $ 61,731. 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 16.4% of Ocean City population. Ocean City has 2,516 under 18 years old residents, or 0.34 kids per one worker, or 0.34 kids per one household.
Ocean City Real Estate & Ocean City Homeownership
There are 2985.6 or 40% one person households, 2761.68 or 37% two person households, and 746.4 or 10% three person households in Ocean City, New Jersey. Median residents age is 47.8, Senior citizens (65+) make up 3,989 or 25.9%% of Ocean City population.
There are 7,368 workers (over 16 years of age) in Ocean City. Of these, 87.74% drive to work. Approximately 2.06% of workers in Ocean City take public transportation. An estimated 4.79% walk to work.
Median Ocean City homeowner's housing expences are 20.4%
Crime in Ocean City (2003), crimes per 10,000 residents per year
| Type of Crime |
Ocean City |
USA, 2003 |
| Violent Crimes |
14.96 |
47.5 |
| Robberies |
5.85 |
14.2 |
| Aggravated Assaults |
7.8 |
29.5 |
| Property Crimes |
568.99 |
358.8 |
| Burglaries |
105.35 |
74.0 |
| Larceny-Thefts |
459.1 |
241.5 |
| Motor Vehicle Thefts |
4.55 |
43.3 |
Invest in Ocean City Properties
When making a decision about buying real estate in Ocean City New Jersey area, you should consider following statistical data:
| Category |
Ocean City |
USA |
| Near Medium City |
Vineland, New Jersey |
- |
| Near Large City |
Philadelphia, Pennsylvania |
- |
| Ocean City Zip Codes |
08226 |
- |
| Ocean City Area Codes |
609 |
- |
| White population |
93.57% |
75.1% |
| African-American population |
4.31% |
12.3% |
| Asian |
0.56% |
3.6% |
| American Indian & Alaskan |
0.12% |
0.9% |
| Hispanic (of any race) |
1.99% |
12.5% |
| Median Family Income (1999) |
$ 61,731% |
$42,000 |
| Population Below Poverty Level |
6.7% |
12.4% |
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