Ocean City, NJ Housing
As of 2010-2014, median price of a house in Ocean City is $566,400, which is much higher than the state average of $319,900 and is much higher than the national average of $175,700. The Ocean City median house value has grown by 152.07% since 2000. The growth rate for the price of a house in Ocean City is much higher than the state average rate of 87.30% and is much higher than the national average rate of 46.91%. The median year that a house in Ocean City was built is 1977, which is newer than the median year for a house built in the state which is 1966 and is about the same as the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 3,552 Owner Occupied Houses in Ocean City, NJ, #75Ocean City, NJ | 566,400 USD |
New Jersey | 319,900 USD |
U.S. | 175,700 USD |
Ocean City, NJ | 152.07% |
New Jersey | 87.30% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Ocean City, NJ | New Jersey | U.S. | |
Total Housing Units | 20,183, see rank, 100% | 3,572,138 | 132,741,033 |
Occupied Housing Units | 5,659, 28.04%, see rank | 89.26% | 87.55% |
Owner Occupied | 3,552, 17.60%, see rank | 58.06% | 56.34% |
Renter Occupied | 2,107, 10.44%, see rank | 31.20% | 31.21% |
Vacant Housing Units | 14,524, 71.96%, see rank | 10.74% | 12.45% |
For Rent | 750, 3.72%, see rank | 2.18% | 2.34% |
For Sale Only | 510, 2.53%, see rank | 1.02% | 1.20% |
Rented or Sold, Not Occupied | 79, 0.39%, see rank | 0.70% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 12,794, 63.39%, see rank | 3.72% | 3.97% |
For Migrant Workers | 61, 0.30%, see rank | 0.01% | 0.03% |
Other Vacant | 330, 1.64%, see rank | 3.11% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #83Ocean City, NJ | New Jersey | U.S. |
1977 | 1966 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Ocean City, NJ | % | New Jersey | U.S. | |
Owner-Occupied Units | 3,552 | 100% | 2,073,915 | 74,787,460 |
With a Mortgage | 2,174 | 61.20%, see rank | 69.83% | 65.58% |
Without a Mortgage | 1,378 | 38.80%, see rank | 30.17% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Ocean City, NJ | 2,295 USD |
New Jersey | 2,428 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Ocean City, NJ | % | New Jersey | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.04% | 0.20% |
$300 to $499 | 0 | 0.00%, see rank | 0.35% | 1.59% |
$500 to $699 | 59 | 2.71%, see rank | 0.83% | 5.01% |
$700 to $999 | 74 | 3.40%, see rank | 2.80% | 14.32% |
$1,000 to $1,499 | 322 | 14.81%, see rank | 11.13% | 27.90% |
$1,500 to $1,999 | 453 | 20.84%, see rank | 17.94% | 20.35% |
$2,000 to $2,999 | 595 | 27.37%, see rank | 36.29% | 19.52% |
$3,000 or More | 671 | 30.86%, see rank | 30.63% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ocean City, NJ | 27.60% of the Total Income |
New Jersey | 27.50% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Ocean City, NJ | % | New Jersey | U.S. | |
10% or Less | 207 | 9.52%, see rank | 3.98% | 5.86% |
10% to 20% | 446 | 20.52%, see rank | 23.73% | 31.95% |
20% to 30% | 561 | 25.80%, see rank | 28.42% | 27.64% |
30% to 40% | 290 | 13.34%, see rank | 16.62% | 13.74% |
40% or More | 650 | 29.90%, see rank | 26.85% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Ocean City, NJ | 832 USD |
New Jersey | 972 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Ocean City, NJ | % | New Jersey | U.S. |
$199 or Less | 33 | 2.39%, see rank | 1.19% | 7.76% |
$200 to $299 | 12 | 0.87%, see rank | 1.66% | 14.70% |
$300 to $499 | 105 | 7.62%, see rank | 6.42% | 34.63% |
$500 to $699 | 253 | 18.36%, see rank | 13.17% | 21.16% |
$700 or More | 975 | 70.75%, see rank | 77.56% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ocean City, NJ | 17.30% of the Total Income |
New Jersey | 18.40% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Ocean City, NJ | % | New Jersey | U.S. | |
10% or Less | 386 | 28.01%, see rank | 21.71% | 40.19% |
10% to 20% | 417 | 30.26%, see rank | 32.37% | 31.47% |
20% to 30% | 224 | 16.26%, see rank | 16.94% | 12.24% |
30% to 40% | 125 | 9.07%, see rank | 9.46% | 5.64% |
40% or More | 218 | 15.82%, see rank | 18.56% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Ocean City, NJ | New Jersey | U.S. | |
Total Housing Units | 20,183, 100% | 3,572,138 | 132,741,033 |
1-unit, Detached | 6,252, 30.98%, see rank | 53.67% | 61.65% |
1-unit, Attached | 7,044, 34.90%, see rank | 9.26% | 5.82% |
2 Units | 3,382, 16.76%, see rank | 9.53% | 3.75% |
3 or 4 Units | 1,317, 6.53%, see rank | 6.43% | 4.43% |
5 to 9 Units | 612, 3.03%, see rank | 4.80% | 4.78% |
10 or More Units | 1,570, 7.78%, see rank | 15.34% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 6, 0.03%, see rank | 0.98% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Ocean City, NJ | New Jersey | U.S. | |
Total Housing Units | 20,183, 100% | 3,572,138 | 132,741,033 |
1 Room | 174, 0.86%, see rank | 2.71% | 1.95% |
2 Rooms | 595, 2.95%, see rank | 2.15% | 2.48% |
3 Rooms | 1,238, 6.13%, see rank | 10.30% | 9.13% |
4 Rooms | 3,430, 16.99%, see rank | 15.19% | 16.60% |
5 Rooms | 4,481, 22.20%, see rank | 16.72% | 20.41% |
6 Rooms | 4,608, 22.83%, see rank | 16.15% | 18.06% |
7 Rooms | 2,280, 11.30%, see rank | 12.48% | 12.27% |
8 Rooms | 1,617, 8.01%, see rank | 10.49% | 8.48% |
9 Rooms or More | 1,760, 8.72%, see rank | 13.81% | 10.60% |
Median Rooms | 5.50, see rank | 5.70 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Ocean City, NJ | New Jersey | U.S. | |
Total Housing Units | 20,183, 100% | 3,572,138 | 132,741,033 |
No Bedroom | 174, 0.86%, see rank | 2.88% | 2.17% |
1 Bedroom | 1,421, 7.04%, see rank | 14.18% | 11.16% |
2 Bedrooms | 3,438, 17.03%, see rank | 25.93% | 26.69% |
3 Bedrooms | 8,117, 40.22%, see rank | 32.62% | 39.70% |
4 Bedrooms | 5,203, 25.78%, see rank | 18.83% | 16.05% |
5 or More Bedrooms | 1,830, 9.07%, see rank | 5.56% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Ocean City, NJ | New Jersey | U.S. | |
Total Housing Units | 5,659, 100% | 3,188,498 | 116,211,092 |
Utility Gas | 3,717, 65.68%, see rank | 74.16% | 48.85% |
Bottled, Tank, or LP Gas | 63, 1.11%, see rank | 1.94% | 4.86% |
Electricity | 1,737, 30.69%, see rank | 11.66% | 36.68% |
Fuel Oil, Kerosene, etc. | 84, 1.48%, see rank | 11.10% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.03% | 0.12% |
Wood | 19, 0.34%, see rank | 0.44% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.03% | 0.05% |
Other Fuel | 21, 0.37%, see rank | 0.32% | 0.47% |
No Fuel Used | 18, 0.32%, see rank | 0.32% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Ocean City, NJ | New Jersey | U.S. |
Occupied Units Paying Rent | 1,855, 100% | 1,077,463 | 39,201,928 |
$199 or Less | 0, 0.00%, see rank | 1.46% | 1.50% |
$200 to $299 | 54, 2.91%, see rank | 3.04% | 3.18% |
$300 to $499 | 122, 6.58%, see rank | 3.86% | 7.37% |
$500 to $699 | 159, 8.57%, see rank | 4.64% | 16.01% |
$700 to $999 | 475, 25.61%, see rank | 19.19% | 29.17% |
$1,000 to $1,499 | 682, 36.77%, see rank | 40.89% | 26.88% |
$1,500 to $1,999 | 250, 13.48%, see rank | 17.11% | 9.79% |
$2,000 or More | 113, 6.09%, see rank | 9.81% | 6.10% |
Median | $1,076, see rank | $1,188 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Ocean City, NJ | New Jersey | U.S. | |
Occupied Housing Units | 5,659, 100% | 3,188,498 | 116,211,092 |
No Vehicles Available | 707, 12.49%, see rank | 11.70% | 9.12% |
1 Vehicles Available | 2,738, 48.38%, see rank | 34.71% | 33.80% |
2 Vehicles Available | 1,738, 30.71%, see rank | 36.16% | 37.48% |
3 or More Vehicles Available | 476, 8.41%, see rank | 17.43% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.