How many renters in Ocean City, NJ pay more than 30% of their income on rent?
61.0% (±12.8 points) of renting households in Ocean City, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
55.4% spend 35% or more.
The median renting household spends 38.5% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 61.0% (±12.8 points)
- Paying 35% or more
- 55.4% (±12.4 points)
- Median share of income
- 38.5% (±15.0 points)
Rent as a share of income in Ocean City
| Share of income spent on rent | Ocean City | Cape May County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 13.1% (±5.3 points) | 13.1% | 12.2% | 12.6% |
| 15% to 19.9% | 5.3% (±3.4 points) | 9.7% | 12.3% | 12.2% |
| 20% to 24.9% | 3.7% (±2.9 points) | 11.2% | 12.6% | 12.6% |
| 25% to 29.9% | 16.9% (±8.4 points) | 11.1% | 11.4% | 11.5% |
| 30% to 34.9% | 5.6% (±3.2 points) | 8.6% | 8.9% | 9.2% |
| 35% or more | 55.4% (±12.4 points) | 46.4% | 42.7% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Ocean City against Cape May County, its state and the nation
| Ocean City | Cape May County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 61.0% (±12.8 points) | 55.0% (±5.6 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 55.4% (±12.4 points) | 46.4% (±4.9 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 38.5% (±15.0 points) | 32.9% (±2.6 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $40,735 (±$12,510) | $50,917 (±$6,072) | $62,674 (±$718) | $52,966 |
| Median gross rent | $1,683 (±$216) | $1,360 (±$96) | $1,720 (±$7) | $1,413 |
In Ocean City, the share of renters paying 30% or more of income is not measurably different from Cape May County (55.0%).
It is not measurably different from New Jersey (51.6%).
It is not measurably different from the national figure (51.1%).
In Cape May County, Ocean City ranks 4 of 15 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 117 of 560.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Ocean City
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Ocean City | — | 61.0% (±12.8 points) | — |
| Marmora | 3.2 mi | 74.2% (±40.1 points) | Not measurably different |
| Somers Point | 3.3 mi | 51.3% (±10.7 points) | Not measurably different |
| Longport Borough | 4.8 mi | 53.6% (±75.6 points) | Not measurably different |
| Palermo | 5.2 mi | 28.0% (±87.5 points) | Not measurably different |
| Linwood | 5.4 mi | 53.2% (±36.9 points) | Not measurably different |
| Corbin City | 6.1 mi | 60.6% (±69.1 points) | Not measurably different |
| Margate City | 6.5 mi | 33.2% (±17.3 points) | Lower |
| Bargaintown | 6.8 mi | 16.5% (±47.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Margate City, NJ (33.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Cape May County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Sea Isle City | 75.5% (±43.7 points) |
| 2 | Woodbine Borough | 64.5% (±30.6 points) |
| 3 | Middle Township | 61.2% (±14.0 points) |
| 4 | Ocean City | 61.0% (±12.8 points) |
| 5 | Wildwood | 60.9% (±14.5 points) |
| 6 | Wildwood Crest Borough | 60.1% (±28.6 points) |
| 7 | Upper Township | 53.9% (±26.6 points) |
| 8 | Lower Township | 52.6% (±14.9 points) |
| 9 | West Cape May Borough | 47.2% (±23.9 points) |
| 10 | Avalon Borough | 44.8% (±32.6 points) |
Showing 10 of 15 places in Cape May County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Ocean City
Are renters in Ocean City rent-burdened?
61.0% of renting households in Ocean City pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Ocean City spend on rent?
The median renting household in Ocean City, NJ spends 38.5% (±15.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ocean City city, Cape May County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Ocean City city, Cape May County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Ocean City city, Cape May County, New Jersey
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 city, Cape May County, New Jersey (county subdivision:54360, in state:34 county:009).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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
- Renters and owners in Ocean City
- Income and affordability 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
- Age of homes in Ocean City
- Vacancy rate in Ocean City
- Heating fuel in Ocean City
- Commute and cars in Ocean City
- Crime reported to police in Ocean City
- Population growth in Ocean City
- How long people stay in Ocean City
- Crowding and facilities in Ocean City
- New Jersey landlord and tenant rules
- Housing across Cape May County
- New Jersey places ranked by rent burden
- Housing data for every place in New Jersey