Found within zip codes: 21842
Popular real estate near Ocean City, MD (Town Center)
Median real estate prices in the Town Center of Ocean City are $417,884, which is more expensive than 83.6% of the neighborhoods in Maryland and 88.8% of the neighborhoods in the U.S.
Average rental prices in Ocean City Town Center are currently $587, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 88.4% of Maryland neighborhoods.
Ocean City Town Center is a suburban neighborhood (based on population density) located in Ocean City, Maryland. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Real estate in the Town Center of Ocean City, MD is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Ocean City Town Center. The current real estate vacancy rate here is 83.9%. This is higher than the rate of vacancies in 99.9% of all U.S. neighborhoods. This can sometimes be the case in neighborhoods dominated by seasonal homes (such as vacation areas), and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.Notable & Unique Neighborhood Characteristics
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.Notable & Unique: Real Estate
Do you like a coastal setting? If so, this neighborhood may be to your liking. The Ocean City Town Center neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Ocean City Town Center is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 83.9% of the residential real estate vacant, the Ocean City Town Center neighborhood claims the distinction of having a higher vacancy rate than 99.9% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.Notable & Unique: People
Of note is NeighborhoodScout's research finding that the Ocean City Town Center neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Ocean City Town Center community truly stands out from the rest in this regard.
In addition, if you're planning where to retire, the Town Center neighborhood in Ocean City is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in MD, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 89.9% of the neighborhoods in Maryland. If you are considering retiring to Maryland, this is a good neighborhood to look at. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates.Notable & Unique: Diversity
Did you know that the Ocean City Town Center neighborhood has more English and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 22.1% of this neighborhood's residents have English ancestry and 1.2% have Austrian ancestry.
Ocean City Town Center is also pretty special linguistically. Significantly, 5.5% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.Notable & Unique: Occupations
There are more people living in the Ocean City Town Center neighborhood employed as sales and service workers (56.4%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.The Neighbors The Neighbors: Income
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Town Center neighborhood in Ocean City are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 65.5% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 99.9% of America's neighborhoods.The Neighbors: Occupations
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place. In the Ocean City Town Center neighborhood, 43.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 34.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.3%), and 6.6% in clerical, assistant, and tech support occupations.The Neighbors: Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco. In the Town Center neighborhood in Ocean City, MD, residents most commonly identify their ethnicity or ancestry as English (22.1%). There are also a number of people of German ancestry (19.8%) , and residents who report Irish roots (13.4%) , and some of the residents are also of Italian ancestry (13.0%) , along with some Mexican ancestry residents (6.9%), among others.The Neighbors: Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Ocean City Town Center neighborhood is English, spoken by 91.4% of households. Other important languages spoken here include Italian and Spanish.Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Ocean City Town Center neighborhood spend under 15 minutes commuting one-way to work (55.5% of working residents), one of the shortest commutes across America.
Here most residents (81.1%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (9.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
|MEDIAN HOUSE VALUE||$417,884|
HOUSE VALUE RANGE
|RENTAL PRICE||Very low cost relative to MD, low cost relative to the nation|
|NEIGHBORHOOD LOOK, FEEL, & CHARACTER||DETAILS|
|THE SETTING||Suburban (based on population density) , coastal|
|TYPE OF HOMES / DWELLINGS||Mostly Complexes/high rise apartments, some Single-family homes, some Rowhouses & attached homes, some Small apartment buildings and a few Mobile homes|
|SIZE OF HOMES / DWELLINGS||Mostly Small dwellings (1, 2, or no bedrooms), some Medium-sized dwellings (3 or 4 bedrooms) and a few Large dwellings (4 or 5 bedrooms)|
|AGE OF HOMES / DWELLINGS||Mostly Established but not old (Built 1970 – 1999), some Well established older homes (Built 1940 - 1969), some Historic homes (Built 1939 or earlier) and some Newer Homes (Built 2000 or later)|
|HOMEOWNERSHIP||Mixed owners & renters|
|SPECIAL CHARACTER||Mostly Nautical, Hip & Trendy, Urban Sophisticates, Quiet and Walkable|
|AGE & LIFESTYLE||Mostly Young singles-upwardly mobile (young, educated, professionally employed, and single), some Mixed ages, some Seniors (people 65 and over) and some Families with children (family households with school-aged children)|
|EDUCATION LEVEL||Rating: 8 (5 is average for the U.S., 10 is most educated)|
|INCOME||Upper middle income (well-above average income for America)|
|OCCUPATIONS||Mostly Sales & Service workers, some Executive, managerial & professional, some Manufacturing & Laborers, some Clerical, assistants & technical support and some Government employees|
|ETHNICITY / ANCESTRY||Mostly White (non-Hispanic), some Irish ancestry, some Italian ancestry, some Hispanic, some Mexican, some Black and some East Asian|
|LANGUAGES||Mostly English speaking, some Italian speaking and some Spanish speaking|
|SCHOOLS IN THIS NEIGHBORHOOD||GRADES|
|There are no schools physically located in this neighborhood.|
This neighborhood is served by one 1 district.
6,699 Students enrolled in District
READING & MATH
|ETHNIC/RACIAL GROUPS||THIS DISTRICT||THIS STATE|
|WHITE (NON-HISPANIC) (%)||68.6||42.9|
|ASIAN OR PACIFIC ISLANDER (%)||1.7||5.7|
|AMERICAN INDIAN OR NATIVE OF ALASKA (%)||0.3||0.4|
|ECONOMIC GROUPS||THIS DISTRICT||THIS STATE|
|ECONOMICALLY DISADVANTAGED (%)||40.9||40.1|
|FOR THIS DISTRICT||PER STUDENT||TOTAL||% OF TOTAL|
|NEIGHBORHOOD EDUCATIONAL ENVIRONMENT|
|ADULTS IN NEIGHBORHOOD WITH COLLEGE DEGREE OR HIGHER (%)||37.8|
|CHILDREN IN THE NEIGHBORHOOD LIVING IN POVERTY (%)||0.0|
|PERIOD||TOTAL APPRECIATION||AVG. ANNUAL RATE||COMPARED TO MD*||COMPARED TO AMERICA*|
|LAST 10 YEARS|
|LAST 5 YEARS|
|LAST 2 YEARS|
|LAST 12 MONTHS|
|* 10 is highest|
Town Center neighborhood appreciation rates are for subscribers only. Ocean City, MD appreciation rates (city-wide averages) are open to all visitors.
National Median 3.9
My chances of becoming a victim
in Town Center SUBSCRIBE FOR DETAIL
in Ocean City 1 in 74
in Maryland 1 in 202
National Median 29.1
My chances of becoming a victim
in Town Center SUBSCRIBE FOR DETAIL
in Ocean City 1 in 5
in Maryland 1 in 35
Town Center neighborhood Crime data are subscription only. Ocean City, MD crime rates (city-wide averages) are open to all visitors.
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