Real Estate details: Ocean city NJ vs Albuquerque NM

RE Insights

Metric Ocean city Albuquerque
Population 11,303 561,008
Median Home Price $600,000 $272,000
Rent 28% 39%
Own 72% 61%

Real Estate Insights Comparison: Ocean city vs Albuquerque

  • The population in Albuquerque is greater at 561,008 compared to 11,303 in Ocean city.
  • A higher median home price of $600,000 is found in Ocean city compared to $272,000 in Albuquerque.
  • The rent percentage in Albuquerque is higher at 39% compared to 28% in Ocean city.
  • A greater percentage of homeowners in Ocean city at 72% compared to 61% in Albuquerque.

Environmental Insights

Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.