Ocean City, FL
Population 6,480 · Florida
About Ocean City, FL
Ocean City is a small town located in Florida with a population of 6,480 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,160 per year, which is 25% below the national median of $75,149. The median age of 34.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Ocean City features a median home value of $325,600, which is 33% above the national median of $244,900. This positions Ocean City in a moderately priced market relative to the rest of the country. Median monthly rent is $1,340, 15% above the national average of $1,163/month. Of the 3,165 total housing units, 57% are owner-occupied (1,605 units) and 43% are renter-occupied (1,210 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Ocean City shows an unemployment rate of 2.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ocean City have an average one-way commute time of 25.9 minutes.
Education & Demographics
27.6% of Ocean City residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 8.5% White, 7.1% Hispanic or Latino, 1.2% Black or African American, and 12.3% Asian residents, with 17.0% of the population being foreign-born.
Cost of Living in Ocean City, FL
Compared to national averages, Ocean City has a median household income of $56,160 (25% below the national median of $75,149). Home values average $325,600, which is 33% above the national median. Monthly rent at $1,340 is 15% above the US average of $1,163. Within Florida, Ocean City's income is 26% below the state average of $75,893, and home values are 8% below the state median of $353,675.
Why Live in Ocean City, FL?
Ocean City offers a strong job market with an unemployment rate of just 2.3%, and a low poverty rate of 7.4%, better than the national average.
Potential considerations include median household income ($56,160) that falls below the national average. However, Ocean City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ocean City has a population of 6,480 with a median age of 34.4 years. Compare Ocean City with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Ocean City
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gulf Breeze | 6,519 | $108,575 | $484,800 | Compare |
| Kathleen | 6,527 | $57,302 | $180,900 | Compare |
| River Park | 6,415 | $57,370 | $196,500 | Compare |
| Sanibel | 6,402 | $122,730 | $912,200 | Compare |
| High Springs | 6,396 | $80,973 | $263,800 | Compare |
| Treasure Island | 6,568 | $82,340 | $573,500 | Compare |
| Pelican Bay | 6,575 | $159,187 | $1,206,200 | Compare |
| Indiantown | 6,646 | $52,372 | $189,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Ocean City With Other Cities
Frequently Asked Questions about Ocean City
What is the population of Ocean City, FL?
The population of Ocean City, FL is 6,480 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Florida.
What is the median household income in Ocean City?
The median household income in Ocean City, FL is $56,160 per year, which is 25% below the national median of $75,149.
What is the median home value in Ocean City?
The median home value in Ocean City, FL is $325,600, which is 33% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ocean City?
The median monthly rent in Ocean City, FL is $1,340, which is 15% above the national average of $1,163/month.
What is the unemployment rate in Ocean City?
The unemployment rate in Ocean City, FL is 2.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ocean City, FL a good place to live?
Ocean City offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 6,480 and a median age of 34.4, the city appeals to young professionals and families.
How educated is Ocean City, FL?
27.6% of residents in Ocean City aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Ocean City?
Key cost-of-living indicators for Ocean City, FL: median home value is $325,600 (33% above national), median rent is $1,340/month, and median household income is $56,160. The home-value-to-income ratio is 5.8x, a moderate figure by national standards.
What is the poverty rate in Ocean City?
The poverty rate in Ocean City, FL is 7.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ocean City, FL?
Ocean City's population is 8.5% White, 7.1% Hispanic or Latino, 1.2% Black or African American, 12.3% Asian, and 6.3% two or more races. 17.0% of residents are foreign-born.