Re: omc sterndrive/ford302
Waaaaayyyyyyyy too high!!!!
From the OMC 175 owners manual:
Displacement: 302 CI
Bore and stroke: 4.00 X 3.00"
Firing Order: 15426378
Full throttle oerating range:
3800-4200 RPM
Idle RPM: 500-600 RPM
I have one too! Mine's a 1975 vintage. A cheeky little number with a great 'nose'. d

Definitely check your RPM's with a known guage or an automotive DMM with an inductive pickup. If your RPM's are as you say, I think you either have some serious throttle/carb adjustment problems, or you need to go way up in pitch.
Once you have an accurate RPM reading, see what pitch/diameter your current prop is and post in the prop forum. Smart guys over there, but they need accurate info to be any help. (And they'll make sure you know that! :devil:d

)
Let me know if you need any more specs. I have the small owners manual, and a Glenn's shop manual that's not bad.
Good Luck!