Fact text

  • Ocean City has been completely dry since 1879, no alcohol sales allowed, yet USA Today once named it the drunkest city in New Jersey.
  • A Japanese cargo ship called the Sindia wrecked on the beach in 1901 and has since slowly sunk entirely beneath the sand, treasure and all.
  • Ocean City's beach has been replenished with fresh sand over 30 times since 1951, possibly more than any other beach in the entire country.
  • The city's population swells from about 11,000 year-round residents to an estimated 130,000 people every summer.
Your
Ocean City
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
Stat icon
11065
+
Total Population
Stat icon
$
87060
Median Income
Stat icon
$
573400
Median Home
Stat icon
35
%
Age 65+
Retirement Suitability
How
Ocean City
ranks for retirees?
22
/ 100

A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.

Tax
8
Affordability
11
Healthcare
29
Climate
56

Results

Ocean City

Suitability Breakdown

Retirement tax planning
01 - Taxes

Retirement Tax Treatment

Tax
8

New Jersey does not tax Social Security benefits, which preserves a key income source for retirees, though other income may still be subject to state income tax.

State sales tax here runs about

%.

Source · Tax Foundation
8
Retirement tax planning
02 - Income

Annuity Rates Available Here

Affordability
11

Fixed annuity rates reach up to

7

% on 5-year terms, with most landing between

5

% and

5

%.

Source · Cannex
11
Retirement tax planning
03 - Healthcare

Hospital Access & Quality

Healthcare
29

The area has

1

Medicare-certified hospitals, averaging a

3

/5 CMS quality rating.

Source · CMS Hospital Compare
3
Retirement tax planning
04 - Climate

Weather & Comfort

Climate
56

A

Temperate

climate — summers peak near

79

°F, winters dip to about

31

°F, with roughly

″ of snow a year.

Source · NOAA Climate Normals
Temperate
Retirement tax planning
05 - Risk

Natural Disaster Risk

Risk
Relatively Moderate

FEMA's overall natural-disaster risk rating for this county on the National Risk Index.

Source · FEMA National Risk Index
Relatively Moderate

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