HomeNew JerseyCape May CountyOcean City city
Ocean City city, New Jersey: commercial real estate data.
Ocean City city is a Census city of 11,261 people across 6.75 square miles of land, in Cape May County. Median household income is $101,782, 72.7 percent of occupied homes are owned, and the SBA record carries 54 7(a) approvals to borrowers here worth $27.8 m.
77 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 typecity
- Land area6.75 sq mi
- Water area4.8 sq mi
- Population per square mile of land1,668
- County holding the largest share of its areaCape May 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
- Population11,261
- Median age56.1
- Population under 181,742
- Share under 1815.5 percent
- Population 65 and over3,801
- Share 65 and over33.8 percent
- Households5,689
- Family households3,666
- Share of households that are families64.4 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$101,782
- Per capita income$71,999
- Civilian labor force5,326
- Employed5,156
- Unemployed170 plus or minus 72
- Unemployment rate3.2 percent plus or minus 1.3
- Adults 25 and over8,830
- Adults 25 and over with a high school diploma or higher97.5 percent
- Adults 25 and over with a bachelor degree or higher56.7 percent
- Adults 25 and over with a graduate degree26.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ocean City
Housing in Ocean City
- Housing units21,191
- Occupied units5,689
- Vacant units15,502
- Vacancy rate73.2 percent
- Owner occupied4,135
- Renter occupied1,554 plus or minus 320
- Ownership rate72.7 percent
- Median owner-occupied home value$840,500
- Median gross rent, monthly$1,683
- Annual rent as a share of median income19.8 percent
- Single family units14,222
- Share single family67.1 percent
- Units in buildings of two or more6,957
- Share in buildings of two or more32.8 percent
- Mobile homes12 plus or minus 23
- Median year structure built1984
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 commute4,109
- Commuting under 15 minutes1,627 plus or minus 374
- Share commuting under 15 minutes39.6 percent plus or minus 8.5
- Commuting 30 minutes or more1,627
- Share commuting 30 minutes or more39.6 percent
- Drove alone57.5 percent
- Carpooled7.8 percent plus or minus 2.9
- Public transport0.4 percent plus or minus 0.5
- Walked6.4 percent plus or minus 2.4
- Worked from home19.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ocean City
SBA loans in Ocean City (7(a))
- Approvals54
- Gross approval$27,831,000
- Average approval$515,389
- Median approval$250,000
- Ninetieth percentile approval$2,091,000
- Largest approval$2,964,600
- Jobs supported652
- Jobs per approval12.1
- Loans with a final outcome18
- Paid in full16
- Charged off2
- Charge-off rate over resolved loans11.1 percent
- Median term120 months
- Share on real estate terms of 20 years or more13.0 percent
- Share to franchises9.3 percent
- Distinct lenders24
- Distinct industries by NAICS39
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$6,708,000
- Average approval$1,118,000
- Median approval$964,000
- Largest approval$2,354,000
- Jobs supported34
- 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.
Cape May County, not Ocean City
Cape May County context, not Ocean City figures
These are Cape May 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 Cape May County3,816
- Employment at those establishments, Cape May County28,065
- Covered employment, Cape May County42,713
- Average annual pay, Cape May County$48,574
- Average weekly wage, Cape May County$934
- Housing units permitted, Cape May County895
- Of those, single family, Cape May County660
- County product, 2024, Cape May County$7,801,173,000
- County product change over the prior year, Cape May County5.2 percent
- Average income of an arriving household, Cape May County$141,294
Every figure in this section is published for Cape May 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, New Jersey?
11,261, in 5,689 households. Ocean City city covers 6.75 square miles of land, which is 1,668 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?
Cape May 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?
$101,782. The median owner-occupied home is valued at $840,500. Median gross rent is $1,683 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?
54 7(a) approvals totalling $27.8 m, across 24 lenders, median approval $250,000, plus 6 504 approvals worth $6.7 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?
Of the 18 loans that have reached a final outcome, 16 were paid in full and 2 charged off, a charge off rate of 11.1 percent. Loans still running are excluded because they have not yet succeeded or failed.
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 Cape May 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.