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Riva, MD

Population 4,027

5.5873% 1 Year Growth

Median Household Income $126,875

2.0248% 1- Year Growth

Median Property Value $485.2K

0% 1-Year Growth

About

In 2018, Riva, MD had a population of $4K people with a median age of 44.9 and a median household income of $126,875. Between 2017 and 2018 thepopulation of Riva, MD grew from 4,027 to 3,802, a 5.5873% increase and its mediam household income grew from $124,306 to $126,875, a 2.0248% increase.
The 5 largest ethnic groups in Riva, 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 Riva, MD speak a non-English language, and 5.5873% are U.S. citizens.
The median property value in Riva, MD is $1.07M, and the homeownership rate is 59%. Most people in Riva, MD commute by Drove Alone, and the average commute time is 31.91 minutes. The average car ownership in Riva, MD is 2 cars per household.

Housing & Living

The median property value in Riva, MD was $485.2K 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 Riva, MD is 59%, which is lower than the national average of 63.9%. People in Riva, MD have an average commute time of 31.91 minutes, and they
commute by Drove Alone. Car ownership in Riva, MD is approximately the same as the national average, with an average of 2 cars per household.

Property value

  • $485.2K 2018 median ± $126,875
  • $488,700 2017 Median ± $124,306

In 2018, the median propery value in Riva, MD grew to $485.2K from the previous year's value of $488700.

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

Property Taxes

  • $1.4K AVERAGE RANGE

This chart shows the households in California distributed between a series of property tax buckets compared to the national averages for each bucket. In California the largest share of households pay taxes in the $1.4K range.

economy

In 2018, Riva, MD had a population of $4K people with a median age of 44.9 and a median household income of $126,875. Between 2017 and 2018 thepopulation of Riva, MD grew from 3,802 to 4,027, a 5.5873% increase and its mediam household income grew from $124,306 to $126,875, a 2.0248% increase.
The 5 largest ethnic groups in Riva, 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 Riva, MD speak a non-English language, and 5.5873% are U.S. citizens.
The median property value in Riva, MD is $485.2K, and the homeownership rate is 59%. Most people in Riva, MD commute by Drove Alone, and the average commute time is 31.91 minutes. The average car ownership in Riva, MD is 2 cars per household.

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