Interested in purchasing investment houses in the 21842 zip code in Ocean City, MD?
The zip code 21842 is in Worcester county with a latitude of -75.092790000000 and longitude of 38.372430000000, is in the state of Maryland. The average asking price of houses and condos is $406,932.00 and the average sale price was $283,355.00. this regions is classified as the Salisbury metro area and consists of the following area codes: 410, 443, and 667. The location in degrees is 38° 22' 20.748" N, 75° 5' 34.044" W. The county F.I.P.S. is 24047. This zip code contains two cities including Ocean City, MD (51.92%), and West Ocean City, MD (38.11%) The total land area is 8.9 square miles and the water area is 6.6 square miles. The elevation in this area is 0 - 3 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 21842 is in county number 047 and is L. Sector 00, L. Segment 01, H. Sector 59, and H. Segment 59. The population was 10,771 in 2019 and 11,089 in 2010. Of this, the break down in 2019 was 10,560 urban and 210 rural. This further breaks down to 5,654 males (52.5%) and 5,116 females (47.5%). The median age of residents is 53.0 years. The population of the greater Ocean Pines, MD area is 51,186. The population density (people per square mile) is 1,212. This zip code has a combined total of 33,202 houses and condos. There are 1,580 rented appartments. 30% of residents rent versus the 30% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $59,778 and the average salary is $38,285. The median household income of individuals is $44,382.00 and the average is $65,330.00. This zip code has a mean commute time to work of 21.3 minutes. The unemployment rate is 5.2%. Income earners by percent breakdown as 55.90% (Under $50,000), 29.40% ($50,000-$100,000), and 14.70% earn over $100,000. 7.4% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 87.5. The educational breakdown is 92.2% have a high school education or higher, 33.1% have a bachelor's degree or higher, and 11.2% have some kind of profesional degree.
This area has 5,505 households and the average size is 2.0 people. Individuals who are single and have never been married are 32.7%, 45.6% are now married, 1.8% are separated, 6.3% are widowed, and 13.6% are divorced. The average yearly contribution amount given by people to charity was $3,510 versus the state average of $4,452. The percent of residents who gave to charity was 29.8%.
The estimated median value of houses and condos is $341,012. The median monthly owner costs of mortgage holders was $1,882, where as the costs for those who don't have a mortgage are $719. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $3,254. In comparision, the average real estate tax percent rate in the state is 1.1% which equated to an average real estate tax amount payment in the state of $3,515. The median housing property tax percent for residents with mortgages was 0.9% which amounted to an average tax amount of $3,092. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $3,381. Reported taxable interest for persons was $4,585, dividends $7,024, capital gains +$17,920, and itemized deductions $29,283. The average earned income tax credit is $1,610. The percent of individuals that use a tax preparer is 54.7%. The total average income taxes paid by individuals was $11,474. Businesses reported an average profit of $15,956.
Crab Bag
13005 Coastal Hwy, Ocean City, MD 21842
Captain's Galley II
12817 Harbor Rd, Ocean City, MD 21842
Crab Alley
9703 Golf Course Rd, Ocean City, MD 21842
Harborside Bar & Grill
12841 Harbor Rd, Ocean City, MD 21842
Waterman's Seafood Co
12505 Ocean Gtwy, Ocean City, MD 21842
The Shrimp Boat
9724 Stephen Decatur Hwy, Ocean City, MD 21842
Martin Fish Co
12929 Harbor Rd, Ocean City, MD 21842
Hooper's Crab House
12913 Ocean Gtwy, Ocean City, MD 21842
Sneaky Pete's
12913 Ocean Gtwy, Ocean City, MD 21842
Skye Bar
6601 Coastal Hwy, Ocean City, MD 21842
De Lazy Lizard
308 1st St, Ocean City, MD 21842
Rice House
9921 Stephen Decatur Hwy Unit C4, Ocean City, MD 21842
Blue Ox Bar & Grill
7 127th St, Ocean City, MD 21842
Smoker's BBQ Pit
9711 Stephen Decatur Hwy, Ocean City, MD 21842
Ocean View Grill
1601 Atlantic Ave, Ocean City, MD 21842
The Greene Turtle North Ocean City
11601 Coastal Hwy, Ocean City, MD 21842
Coins Pub & Restaurant
2820 Philadelphia Ave, Ocean City, MD 21842
Coastal Smokehouse
12513 Ocean Gtwy, Ocean City, MD 21842
The Shark On The Harbor
12924 Sunset Ave, Ocean City, MD 21842
Harrison's Harbor Watch Restaurant
806 S Atlantic Ave, Ocean City, MD 21842
Ruth's Chris Steak House
11501 Maid At Arms Ln, Berlin, MD 21811 (4.6 miles away)
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