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Ocean Park

Learn about the people, housing, costs and businesses in Ocean Park, Washington

Median Home$329,235
Median Rent$1,313/month
Population2,036
Leading IndustriesProfessional Services · Healthcare · Arts, Food & Hospitality4% professional services
Home Value Growth⬆⬆+16.5% over 2 years
Retirees50% of residentstop 1% nationally
Homeowners89% of occupied units
NotableVeteran Community18% of residents · top 1% nationally
Ocean Park
WA

Frequently Asked Questions

What are today's mortgage rates in Ocean Park?

As of today, the 30-year fixed mortgage rate for Ocean Park is approximately 6.908% (6.944% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Ocean Park?

The median home value in Ocean Park is $329k. The median monthly rent is $1,313. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ocean Park?

Home values in Ocean Park have increased 16.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Ocean Park?

Based on a typical all-in ownership cost of $971/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ocean Park is $55k/year.

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What industries drive the economy in Ocean Park?

The largest employment sectors in Ocean Park are public administration (21%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.