Ocean City vs Newark: Housing
| Ocean City | Newark | |
|---|---|---|
| Median Home Value | $840,500 | $373,700 |
| Median Gross Rent | $1,683/mo | $1,392/mo |
| Homeownership Rate | 72.7% | 24.4% |
| Rent as Share of Income | 19.8% | 32.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.