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Ocean City, Florida Demographics & Population 2026

During the 2020–2024 ACS period, Ocean City, Florida had a total population of 5,941, the 440th largest community in Florida, with a median household income of $59,039, which is 21% lower than the state average. The poverty rate is 9.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Ocean City Quick Facts

Population 5,941
Median Household Income $59,039
Median Home Value $303,900
Poverty Rate 9.2%
Unemployment Rate 4.4%
Median Age 37.6 years
Homeownership Rate 57.7%
Affordability Ratio 5.1x
Bachelor's Degree or Higher 26.5%
High School Graduation Rate 87.5%
Diversity Index 53/100
Population 5,941 440th of 955
Median Income $59,039 bottom 30%
Poverty Rate 9.2% 26% lower than national
Median Home Value $303,900 average

How Ocean City Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population6,4805,941-8.3%
Median household income$56,160$59,039+5.1%
Median home value$325,600$303,900-6.7%

How Ocean City Compares

Economy & Housing

Household Income Distribution

Under $25K 10.0%
$25K-$50K 26.4%
$50K-$100K 38.5%
$100K+ 25.1%
Detailed income brackets
Under $10K
1.5%
$10K-$15K
0.9%
$15K-$20K
4.8%
$20K-$25K
2.8%
$25K-$30K
1.6%
$30K-$35K
3.6%
$35K-$40K
3.0%
$40K-$45K
5.8%
$45K-$50K
12.4%
$50K-$60K
15.9%
$60K-$75K
10.6%
$75K-$100K
12.0%
$100K-$125K
7.2%
$125K-$150K
4.1%
$150K-$200K
8.1%
$200K+
5.7%

Employment

4.4% Unemployment Rate State: 4.8%|National: 5.2%
71.9% Labor Force Participation

Housing Overview

Owner 57.7%
Renter 42.3%
Affordability Index Expensive
5.1x home value to income ratio
Median gross rent $1,443/mo 29.3% of median household income annually

People & Demographics

Diversity Index

53out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 65 | National average: 61

Education

Ocean City Rankings in Florida

#440 Population of 955
#657 Median Income of 911
#511 Education of 955
#509 Home Value of 901

Other Cities in Okaloosa County

CityPopulationMedian IncomePovertyHome Value
Crestview 28,773 $65,480 11.2% $277,900
Wright 27,927 $70,195 16.7% $306,100
Fort Walton Beach 21,025 $68,538 13.3% $321,800
Niceville 16,544 $102,409 10.3% $423,500
Destin 14,077 $89,011 7.4% $490,300
Lake Lorraine 6,903 $104,105 6.6% $434,500
Valparaiso 4,885 $90,110 3.4% $394,700
Mary Esther 4,061 $76,890 6.3% $298,900
Hurlburt Field 2,951 $61,731 1.3% N/A
Eglin AFB 2,778 $84,167 2.7% N/A

Cities Similar to Ocean City

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Belleview5,805$57,813$210,20023.1%16.8%
Rainbow Springs6,082$57,161$310,60028.7%9.3%
Zephyrhills West5,980$51,992$90,80014.4%11.9%
Fussels Corner5,682$56,091$92,10016.6%16.8%
River Park5,714$55,437$244,00021.2%6.7%

Population Overview

Ocean City is a small city located in Florida, within Okaloosa County. The total population is 5,941. It ranks as the 440th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Ocean City is 37.6 years. This is 12% lower than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Ocean City is $59,039. This is 21% lower than the state median of $74,568. It is also 27% lower than the national median of $80,734. The poverty rate stands at 9.2%. This is 27% lower than the state poverty rate of 12.6%. The unemployment rate is 4.4%. This is 10% lower than the state rate of 4.8%. The median home value is $303,900. Housing costs are 15% lower than the state median of $359,000. The home-value-to-income ratio is 5.1x. 57.7% of occupied housing units are owner-occupied. This homeownership rate is 15% lower than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Ocean City is White (non-Hispanic), making up 65.3% of the population. Hispanic or Latino residents account for 19.8%. The Black or African American population (5.3%) is well below the state average of 14.6%.

Education

26.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 22% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.5%.

Data Sources & Methodology

All demographic data for Ocean City, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Ocean City, Florida?

Ocean City, Florida has a population of 5,941 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Ocean City, FL?

The median household income in Ocean City is $59,039, which is 27% lower than the national median of $80,734.

What is the poverty rate in Ocean City, FL?

The poverty rate in Ocean City is 9.2%. This means approximately 548 residents live below the federal poverty line.

What is the racial makeup of Ocean City, Florida?

Ocean City's population is 65.3% White, 5.3% Black, 19.8% Hispanic/Latino, and 2.8% Asian.

What is the median home value in Ocean City, FL?

The median home value in Ocean City is $303,900. The home-value-to-income ratio is 5.1x.

How educated is Ocean City, Florida?

26.5% of adults (25+) in Ocean City hold a bachelor's degree or higher, and 7.5% hold a graduate or professional degree.