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Baltimore, MD

Population 602,495

0% 1 Year Decline

Median Household Income $51,000

7.5863% 1- Year Growth

Median Property Value $167.8K

7.9857% 1-Year Growth

About

In 2018, Baltimore, MD had a population of $602.5K people with a median age of 35.5 and a median household income of $51,000. Between 2017 and 2018 thepopulation of Baltimore, MD grew from 602,495 to 611,648, a 0% increase and its mediam household income grew from $47,131 to $51,000, a 7.5863% increase.
The 5 largest ethnic groups in Baltimore, MD are Asian (Non-Hispanic) (0%), White (Non Hispanic) (0%). White (Hispanic (0%). Other (Hispanic) (0%), and Two+(Non-Hispanic) (0%). NaNk% of the people in Baltimore, MD speak a non-English language, and 0% are U.S. citizens.
The median property value in Baltimore, MD is $1.07M, and the homeownership rate is 59%. Most people in Baltimore, MD commute by Drove Alone, and the average commute time is 30.26 minutes. The average car ownership in Baltimore, MD is 2 cars per household.

Housing & Living

The median property value in Baltimore, MD was $167.8K in 2018, which is 4.65 times larger than the national average of $229,700. Between 2017 and 2018 the median property value increased from $994,400 to
$1.07M, a 7.48% increae. The homeownership rate in Baltimore, MD is 59%, which is lower than the national average of 63.9%. People in Baltimore, MD have an average commute time of 30.26 minutes, and they
commute by Drove Alone. Car ownership in Baltimore, MD is approximately the same as the national average, with an average of 2 cars per household.

Property value

  • $167.8K 2018 median ± $51,000
  • $154,400 2017 Median ± $47,131

In 2018, the median propery value in Baltimore, MD grew to $167.8K from the previous year's value of $154400.

The following charts display, first, the property values in Baltimore, MD compared to it's parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Baltimore, MD the largest share of households have a property value in the N/A range.

economy

In 2018, Baltimore, MD had a population of $602.5K people with a median age of 35.5 and a median household income of $51,000. Between 2017 and 2018 thepopulation of Baltimore, MD grew from 611,648 to 602,495, a 0% increase and its mediam household income grew from $47,131 to $51,000, a 7.5863% increase.
The 5 largest ethnic groups in Baltimore, MD are Asian (Non-Hispanic) (0%), White (Non Hispanic) (0%). White (Hispanic (0%). Other (Hispanic) (0%), and Two+(Non-Hispanic) (0%). NaNk% of the people in Baltimore, MD speak a non-English language, and 0% are U.S. citizens.
The median property value in Baltimore, MD is $167.8K, and the homeownership rate is 59%. Most people in Baltimore, MD commute by Drove Alone, and the average commute time is 30.26 minutes. The average car ownership in Baltimore, MD is 2 cars per household.

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