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Elkridge, MD

Population 20,519

5.6143% 1 Year Growth

Median Household Income $100,494

0% 1- Year Growth

Median Property Value $347.2K

2.1889% 1-Year Growth

About

In 2018, Elkridge, MD had a population of $20.5K people with a median age of 33.1 and a median household income of $100,494. Between 2017 and 2018 thepopulation of Elkridge, MD grew from 20,519 to 19,367, a 5.6143% increase and its mediam household income grew from $100,526 to $100,494, a 0% increase.
The 5 largest ethnic groups in Elkridge, 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 Elkridge, MD speak a non-English language, and 5.6143% are U.S. citizens.
The median property value in Elkridge, MD is $1.07M, and the homeownership rate is 59%. Most people in Elkridge, MD commute by Drove Alone, and the average commute time is 26.64 minutes. The average car ownership in Elkridge, MD is 2 cars per household.

Housing & Living

The median property value in Elkridge, MD was $347.2K 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 Elkridge, MD is 59%, which is lower than the national average of 63.9%. People in Elkridge, MD have an average commute time of 26.64 minutes, and they
commute by Drove Alone. Car ownership in Elkridge, MD is approximately the same as the national average, with an average of 2 cars per household.

Property value

  • $347.2K 2018 median ± $100,494
  • $339,600 2017 Median ± $100,526

In 2018, the median propery value in Elkridge, MD grew to $347.2K from the previous year's value of $339600.

The following charts display, first, the property values in Elkridge, 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 Elkridge, MD the largest share of households have a property value in the N/A range.

economy

In 2018, Elkridge, MD had a population of $20.5K people with a median age of 33.1 and a median household income of $100,494. Between 2017 and 2018 thepopulation of Elkridge, MD grew from 19,367 to 20,519, a 5.6143% increase and its mediam household income grew from $100,526 to $100,494, a 0% increase.
The 5 largest ethnic groups in Elkridge, 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 Elkridge, MD speak a non-English language, and 5.6143% are U.S. citizens.
The median property value in Elkridge, MD is $347.2K, and the homeownership rate is 59%. Most people in Elkridge, MD commute by Drove Alone, and the average commute time is 26.64 minutes. The average car ownership in Elkridge, MD is 2 cars per household.

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