Ocean City, WA is a charming beachside community located on the Pacific coast. With its stunning views, abundant trails, and outdoor activities, it's no wonder why so many people flock to this quaint area. The two bedroom rent in Ocean City is significantly lower than the US average at just $1,060 per month compared to $1,430. Additionally, the grocery cost index is 99 versus 100 in the US which makes living in Ocean City even more affordable. There are many locally owned businesses that contribute to making Ocean City a great place to live such as The Surf Shack for surf gear and clothing, The Kite Place for kitesurfing lessons and rentals, and Tony's Fish Market for fresh seafood.
Ocean City has an unemployment rate of 8.8%. The US average is 6.0%.
Ocean City has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Ocean City
- The Sales Tax Rate for Ocean City is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Ocean City is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Ocean City
- The average income of a Ocean City resident is $16,703 a year. The US average is $28,555 a year.
- The Median household income of a Ocean City resident is $78,533 a year. The US average is $69,021 a year.