What is the median household income in Ocean City, MD?
The median household income in Ocean City, MD is $77,750 (±$4,829) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,353 a month would take about $54,100 a year at the common guideline of spending no more than 30% of income on rent.
In Ocean City, the median household income went from $54,014 in 2015–2019 to $77,750 in 2020–2024 (+43.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $77,750 (±$4,829)
- Median renter income
- $48,958 (±$10,773)
- Income to afford median rent
- about $54,100
Income in Ocean City against Worcester County, its state and the nation
| Ocean City | Worcester County | Maryland | United States | |
|---|---|---|---|---|
| Median household income | $77,750 (±$4,829) | $81,745 (±$4,130) | $103,678 (±$597) | $80,734 |
| Median renter household income | $48,958 (±$10,773) | $44,914 (±$9,001) | $62,703 (±$866) | $52,966 |
| Median owner household income | $95,625 (±$16,823) | $96,168 (±$5,081) | $129,423 (±$883) | $100,009 |
| Median gross rent | $1,353 (±$98) | $1,159 (±$85) | $1,705 (±$8) | $1,413 |
In Ocean City, median household income is not measurably different from Worcester County ($81,745).
It is also lower than in Maryland ($103,678).
It is not measurably different from the national figure ($80,734).
In Worcester County, Ocean City ranks 4 of 6 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 296 of 385.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Ocean City
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,353 a month ($16,236 a year) needs an income of about $54,100 a year.
The median renting household in Ocean City earns $48,958 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $54,014 (±$3,286) | $77,750 (±$4,829) | +43.9% | Up after inflation |
| Median gross rent | $1,040 (±$86) | $1,353 (±$98) | +30.1% | No measurable change after inflation |
| Median home value | $298,500 (±$19,137) | $429,000 (±$36,908) | +43.7% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Ocean City
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Ocean City | — | $77,750 (±$4,829) | — |
| West Ocean City | 3.8 mi | $97,165 (±$19,806) | Not measurably different |
| Ocean Pines | 4.2 mi | $91,824 (±$6,363) | Higher |
| Fenwick Island | 4.7 mi | $113,125 (±$22,658) | Higher |
| South Bethany | 8.5 mi | $116,875 (±$3,509) | Higher |
| Selbyville | 8.6 mi | $75,592 (±$19,782) | Not measurably different |
| Berlin | 8.9 mi | $81,438 (±$14,901) | Not measurably different |
| Ocean View | 9.4 mi | $91,500 (±$8,687) | Higher |
| Bethany Beach | 10.0 mi | $117,159 (±$17,650) | Higher |
Nearby places with a measurably higher figure: Ocean Pines, MD ($91,824), Fenwick Island, DE ($113,125), South Bethany, DE ($116,875).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Worcester County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | West Ocean City | $97,165 (±$19,806) |
| 2 | Ocean Pines | $91,824 (±$6,363) |
| 3 | Berlin | $81,438 (±$14,901) |
| 4 | Ocean City | $77,750 (±$4,829) |
| 5 | Pocomoke City | $53,203 (±$30,013) |
| 6 | Snow Hill | $48,382 (±$5,678) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Ocean City
What is the median household income in Ocean City?
The median household income in Ocean City is $77,750 (±$4,829) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Ocean City?
About $54,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,353 a month.
Have incomes in Ocean City kept up with inflation?
In Ocean City, the median household income went from $54,014 in 2015–2019 to $77,750 in 2020–2024 (+43.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Ocean City?
The median renting household in Ocean City, MD earns $48,958 (±$10,773) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Ocean City town, Maryland
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Ocean City town, Maryland
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ocean City town, Maryland
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Ocean City town, Maryland
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Ocean City town, Maryland
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Ocean City town, Maryland
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Ocean City town, Maryland (place:58225, in state:24).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Ocean City at a glance
- Median rent in Ocean City
- Rent by bedrooms in Ocean City
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- Renters and owners in Ocean City
- Home values in Ocean City
- Homeowner costs in Ocean City
- Property taxes in Ocean City
- Types of homes in Ocean City
- Bedrooms in Ocean City
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- Vacancy rate in Ocean City
- Heating fuel in Ocean City
- Commute and cars in Ocean City
- Population growth in Ocean City
- How long people stay in Ocean City
- Crowding and facilities in Ocean City
- Maryland landlord and tenant rules
- Housing across Worcester County
- Maryland places ranked by median household income
- Housing data for every place in Maryland