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Retire To Ocean City, NJ
City Report

Ocean City, New Jersey is one of the great places in the U.S. to live in retirement. Find city facts on home sales prices, air quality, water quality, medical care, cost of living, taxes, weather and other demographics.



Click for Ocean_City, New Jersey Weather Forecast

Read the city profile and recent blog posts from local real estate and community experts. The EPA map shows superfund cleanups in the area and the interactive map provides a birds-eye view of the city.

Links in the data below provide a list of cities similar to Ocean City in that certain data category. Check back often for home price updates.


Ocean City, New Jersey
Near the boardwalk in Ocean City, New Jersey
© iStockPhoto.com/sarent

View the latest Ocean City real estate blogs!

To Ocean City City Profile
To Ocean City Profile


Ocean City, New Jersey


Ocean City Population
. 1990 2000 2010
Cape May County blank blank 97,265
Ocean City 15,512 15,378 11,701



Ocean City
Home Sales Prices
(new & existing homes)
. Monthly Average Annual Average Yr-Over-Yr Change
2012 .$550,161-5.6%
Mar $555,000 . .
Feb $583,000 . .
Jan $495,000 . .
2011 .$583,0021.9%
2010 .$572,061-3.4%
2009 .$592,462-5.5%
2008 . $627,021 18.7%
2007 . $528,304 -18.2%
2006 . $645,956 -2.5%
2005 . $662,822 17.2%



Home Sales Price to Big City Comparison
(2012)
. Ocean City GPTR 99 City Avg
Home Price $550,161 $276,000
Nearest Big City Philadelphia na
Home Sales Price in Philadelphia $201,000 $205,000
Home Sales Price Bargain Index 274% of Philadelphia home prices 145%



Home Sales Price to Renting Comparison
(2012)
. Ocean City GPTR 99 City Avg
Home Price $550,161 $276,000
Monthly Rent $1,308 $1,353
Price/Rent Index 28.2 times the annual rent 14.7



Ocean City
Cost of Living (2012)
193% GPTR 99 City Average
123%



Ocean City Taxes
(2012)
blank Tax Rate Days Worked to Pay State Rank Tax Rate
(99 City Avg)
Days Worked to Pay
(99 City Avg)
State and Local Sales Tax 7.0% -- 22* 6.8% --
Federal, State and Local Tax -- 122 days 2* -- 107 days
* State rank of 1 pays the highest taxes



Ocean City Building Permits
(single family homes)
2010 29
2009 26
2008 52
2007 64
2006 97
2005 154



Ocean City Interactive Maps


(Click map icons to Zoom In/Out, change format, navigate or rotate. Click map and drag mouse
to pan. Use Pegman for a StreetView.)


Continued: Medical Care/Income/Crime

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