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Car ownership in Ocean City, MD is approximately the same as the national average, with an average of 2 cars per household. Median household income in Ocean City, MD is $58,563. In 2021, the place with the highest median household income in Ocean City, MD was Census Tract 9501 with a value of $84,769, followed by Census Tract 9503 and Census ...
- Key Insights + Statistics
- What's The Cost of Owning A Car?
- Table of Contents
- Car Ownership
- Car Ownership in 2019
- Car Ownership Statistics in The United States
- Car Ownership Statistics by State
- Car Ownership and Poverty in The United States
- Car Ownership by Age
- Car Ownership by Race
93% of households in the U.S. had access to at least one car in 2019 (Federal Highway Administration).The number of registered vehicles from 2012 to 2019 declined by over 25 million (Statistica).California, Texas, and Florida account for 28% of all registered vehicles (Federal Highway Administration)In 2019, 8.7% percent of American households do not have access to a working vehicle (United States Department of Housing and Urban Development).Owning a car is seen as a source of pride and accomplishment in the United States. For most, it is a significant rite of passage into adulthood. But there is a wide disparity among Americans as to who can afford a new car (including the insurance for it), or even own a car at all. Effective public transportation is virtually non-existent, or limite...
The general pattern of car buying and selling has been disrupted significantly due to the global coronavirus pandemic. In late 2020, The Zebra surveyed 1,500 Americans to obtain a deeper understanding of their attitudes about owning a car. As was the same with the study last year, most Americans believe car ownership is still necessary. 1. 77.3% of...
Is owning a car really necessary in America today? A nationwide survey conducted by The Zebra shows the majority of people believe it is, despite the availability of other options like public transportation and ridesharing. 1. 63% of people said yes, owning a car was necessary for easy living. 2. 14% said no, public transportation was easier and ch...
According to Move.orgin 2021, it costs roughly $5,264.58 every year to own a car in the United States. This includes the average costs for car payments, gas, car insurance, and replacement parts across every state in the country—some of which have much higher costs than others. 1. Wyoming residents drive on average 21,821 miles annually. 2. The ave...
The Federal Highway Administration has the most recent registration data nationwide, starting in 2018. According to the data, Texas and California have the most vehicles. These are America's two most populous states.
In 2006, 22% of low-income adults reported having no access to a vehicle.In 2016, 20% of low-income adults reported having no access to a personal vehicle.In 2018, researchers at UCLA reported the biggest factor in declining public transportation usage was overall increased car ownership among lower-income residents.Researchers tied this increase in car ownership to the migration of low-income families to cheaper suburbs with limited public transportation options.In 2018, the most recent data from the Federal Highway Association identified the age group of 55-59-year-olds as being the population with the highest percentage of licensed drivers for both males and females. The population with the lowest percentage of licensed drivers are drivers 85 and older. The below data is taken from the Office of Highway ...
For more information on the statistics surrounding car ownership and race, consider reading more at UC Berkeley News, Governing.com, and the University of Michigan. 1. Researchers at UC Berkeley found in 2006 black households were much less likely to own a car than were white households, identifying a growing gap between car ownership in white and ...
- The Zebra
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- 4.1B
- What county is Ocean City in? Ocean City is located in Worcester County in the State of Maryland. This county is the easternmost county located in the state.
- Where is Ocean City? Officially known as the Town of Ocean City, this resort town is located in Worcester County in the State of Maryland. This town is considered a major beach resort area located on the East Coast.
- What to do in Ocean City? Even though the whole stretch of beach only encompasses 10 miles which are comparably smaller than other beach towns, no one should underestimate this small but touristy town.
- When is bike week in Ocean City? The Ocean City Bikefest is the largest motorcycle rally on all of the east coast. This year is the 10th anniversary of Bikefest and it is slated to be the biggest event so far.
Aug 24, 2023 · Car maintenance costs an average of $9,666 per year. Commuting costs car owners an average of $8,466 per year. Monthly loan payments for new cars cost an average of $725 in the first quarter of 2023. Used vehicle loans averaged $516 per month. As of March 2023, the average cost of a new car was $48,008, according to Kelley Blue Book.
- geoff.cudd@gmail.com
Take care with this statistic. $59,876 Per capita income. about 1.5 times the amount in the Salisbury, MD-DE Metro Area: $40,791. ±$704. about 20 percent higher than the amount in Maryland: $49,865. ±$225. $62,401 Median household income. about 90 percent of the amount in the Salisbury, MD-DE Metro Area: $72,964. ±$1,474.
- Ocean City, MD
Jan 11, 2023 · Car ownership statistics by state (Updated 2023) In 2020, there were 275,913,237 registered vehicles in the United States, of which 1,454,480 were electric cars. At least 91.7% of Americans have access to at least one vehicle. Rachael Brennan Rachael BrennanSenior Editor & Licensed Auto Insurance ExpertRachael Brennan is a senior editor and a ...
0586284. Website. www.oceancitymd.gov. Ocean City, officially the Town of Ocean City, is an Atlantic resort town in Worcester County, Maryland, along the East Coast of the United States. The population was 6,844 at the 2020 U.S. census, although during summer weekends the city hosts between 320,000 and 345,000 vacationers and up to eight ...
