HomeMarylandWorcester CountyOcean City town
Ocean City town, Maryland: commercial real estate data.
Ocean City town is a Census town of 6,903 people across 4.43 square miles of land, in Worcester County. Median household income is $77,750, 74.2 percent of occupied homes are owned, and the SBA record carries 27 7(a) approvals to borrowers here worth $10.5 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Ocean City
What Ocean City is
- Census place typetown
- Land area4.43 sq mi
- Water area5.11 sq mi
- Population per square mile of land1,560
- County holding the largest share of its areaWorcester County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ocean City
How many people live in Ocean City
- Population6,903
- Median age55.6
- Population under 18650 plus or minus 170
- Share under 189.4 percent plus or minus 2.5
- Population 65 and over2,154
- Share 65 and over31.2 percent
- Households3,828
- Family households1,916
- Share of households that are families50.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ocean City
Income and work in Ocean City
- Median household income$77,750
- Per capita income$72,487
- Civilian labor force3,819
- Employed3,601
- Unemployed218 plus or minus 86
- Unemployment rate5.7 percent plus or minus 2.2
- Adults 25 and over5,590
- Adults 25 and over with a high school diploma or higher95.0 percent
- Adults 25 and over with a bachelor degree or higher41.7 percent
- Adults 25 and over with a graduate degree16.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ocean City
Housing in Ocean City
- Housing units29,811
- Occupied units3,828
- Vacant units25,983
- Vacancy rate87.2 percent
- Owner occupied2,842
- Renter occupied986 plus or minus 212
- Ownership rate74.2 percent
- Median owner-occupied home value$429,000
- Median gross rent, monthly$1,353
- Annual rent as a share of median income20.9 percent
- Single family units6,657
- Share single family22.3 percent
- Units in buildings of two or more22,290
- Share in buildings of two or more74.8 percent
- Mobile homes864 plus or minus 258
- Median year structure built1982
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ocean City
How Ocean City gets to work
- Workers 16 and over who commute2,979
- Commuting under 15 minutes1,485
- Share commuting under 15 minutes49.8 percent
- Commuting 30 minutes or more718 plus or minus 178
- Share commuting 30 minutes or more24.1 percent plus or minus 5.6
- Drove alone66.3 percent
- Carpooled4.1 percent plus or minus 2.6
- Public transport1.1 percent plus or minus 1.3
- Walked3.9 percent plus or minus 3.1
- Worked from home17.4 percent plus or minus 4.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ocean City
SBA loans in Ocean City (7(a))
- Approvals27
- Gross approval$10,538,900
- Average approval$390,330
- Median approval$150,000
- Ninetieth percentile approval$1,549,400
- Largest approval$1,800,000
- Jobs supported193
- Jobs per approval7.1
- Loans with a final outcome9
- Paid in full9
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more11.1 percent
- Share to franchises3.7 percent
- Distinct lenders11
- Distinct industries by NAICS13
A charge-off rate is not published here. only 9 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Ocean City
SBA loans in Ocean City (504)
- Approvals6
- Gross approval$19,248,000
- Average approval$3,208,000
- Median approval$2,560,000
- Largest approval$5,475,000
- Jobs supported212
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Worcester County, not Ocean City
Worcester County context, not Ocean City figures
These are Worcester County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Ocean City measurements.
- Establishments in Worcester County2,256
- Employment at those establishments, Worcester County20,249
- Covered employment, Worcester County26,303
- Average annual pay, Worcester County$45,838
- Average weekly wage, Worcester County$882
- Housing units permitted, Worcester County354
- Of those, single family, Worcester County338
- County product, 2024, Worcester County$4,138,096,000
- County product change over the prior year, Worcester County8.6 percent
- Average income of an arriving household, Worcester County$102,475
Every figure in this section is published for Worcester County as a whole and is not a measurement of Ocean City. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Ocean City questions, answered from the record.
How many people live in Ocean City, Maryland?
6,903, in 3,828 households. Ocean City town covers 4.43 square miles of land, which is 1,560 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Ocean City in?
Worcester County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Ocean City?
$77,750. The median owner-occupied home is valued at $429,000. Median gross rent is $1,353 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Ocean City businesses?
27 7(a) approvals totalling $10.5 m, across 11 lenders, median approval $150,000, plus 6 504 approvals worth $19.2 m. These count approvals to borrowers whose address is in Ocean City, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Ocean City borrowers get paid back?
No rate is published for Ocean City. only 9 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Ocean City figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Worcester County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Ocean City.
Is zoning published for Ocean City?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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