| Context | Value |
|---|
| Location | Ocean City, MD |
| County | Worcester County |
| National rank | #14,006 of 14,967 |
| State rank | #222 of 273 |
| City rank | Not available |
| County rank | Not available |
| National percentile | 6.4 |
| National band | LOWER_25_PERCENT |
Housing and local fundamentals
| Housing and market metrics | Value |
|---|
| Current Zillow home value | $727,142 |
| Year-over-year home value change | -3.8% |
| Month-over-month home value change | 0.47% |
| Home value to income ratio | 11.39 |
| Median household income | $63,837 |
| Bachelor's degree or higher | 27.9% |
| Civilian unemployment rate | 8.8% |
| Homeownership rate | 46.6% |
| Housing vacancy rate | 84.1% |
| Rent burden 30% or higher | 57.0% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Boardwalk/Inlet
What is the Best Neighborhoods USA ranking for Boardwalk/Inlet?
Boardwalk/Inlet is ranked No published Ocean City rank is currently available; #222 of 273 eligible neighborhoods in MD; and #14,006 of 14,967 eligible neighborhoods in the United States.
Is Boardwalk/Inlet one of the best neighborhoods in Ocean City?
Boardwalk/Inlet has a Best Neighborhoods USA Index of 26.6 and a city ranking of No published Ocean City rank is currently available.
How much are homes worth in Boardwalk/Inlet?
The current Zillow Home Value Index for Boardwalk/Inlet is approximately $727,142.
Are home values rising or falling in Boardwalk/Inlet?
Zillow neighborhood values changed -3.8% year over year and 0.47% month over month.
What is the Neighborhood Momentum Score for Boardwalk/Inlet?
Boardwalk/Inlet has a Neighborhood Momentum Score of 32.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Boardwalk/Inlet?
The NDS-derived neighborhood median household income is approximately $63,837.
How affordable is Boardwalk/Inlet relative to household income?
The current Zillow home-value-to-household-income ratio is 11.39. Price-to-income affordability is a major Value Opportunity input.
Is Boardwalk/Inlet primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 46.6%.
What is the unemployment rate in Boardwalk/Inlet?
The NDS-derived civilian unemployment rate is approximately 8.8%.
How educated are residents of Boardwalk/Inlet?
Approximately 27.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Boardwalk/Inlet face high rent burden?
Approximately 57.0% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Boardwalk/Inlet?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
FULL_OR_NEAR_FULL
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry.
These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications79
Estimated originations49
Home-purchase applications54
Origination rate61.5%
Home-purchase share68.5%
Average application loan$302,846
Total application loan amount$23,935,218
National application rank#5,283 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 1.2% YoY; originations 7.4% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography.
This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation.
Rankings require governed geometry coverage. Applicant demographics are excluded.
Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.