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Sykesville, MD

Population 3,944

0.5832% 1 Year Growth

Median Household Income $107,409

1.8788% 1- Year Growth

Median Property Value $365.7K

1.8321% 1-Year Growth

About

In 2018, Sykesville, MD had a population of $3.9K people with a median age of 35.3 and a median household income of $107,409. Between 2017 and 2018 thepopulation of Sykesville, MD grew from 3,944 to 3,921, a 0.5832% increase and its mediam household income grew from $105,391 to $107,409, a 1.8788% increase.
The 5 largest ethnic groups in Sykesville, 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 Sykesville, MD speak a non-English language, and 0.5832% are U.S. citizens.
The median property value in Sykesville, MD is $1.07M, and the homeownership rate is 59%. Most people in Sykesville, MD commute by Drove Alone, and the average commute time is 30.76 minutes. The average car ownership in Sykesville, MD is 2 cars per household.

Housing & Living

The median property value in Sykesville, MD was $365.7K 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 Sykesville, MD is 59%, which is lower than the national average of 63.9%. People in Sykesville, MD have an average commute time of 30.76 minutes, and they
commute by Drove Alone. Car ownership in Sykesville, MD is approximately the same as the national average, with an average of 2 cars per household.

Property value

  • $365.7K 2018 median ± $107,409
  • $359,000 2017 Median ± $105,391

In 2018, the median propery value in Sykesville, MD grew to $365.7K from the previous year's value of $359000.

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

economy

In 2018, Sykesville, MD had a population of $3.9K people with a median age of 35.3 and a median household income of $107,409. Between 2017 and 2018 thepopulation of Sykesville, MD grew from 3,921 to 3,944, a 0.5832% increase and its mediam household income grew from $105,391 to $107,409, a 1.8788% increase.
The 5 largest ethnic groups in Sykesville, 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 Sykesville, MD speak a non-English language, and 0.5832% are U.S. citizens.
The median property value in Sykesville, MD is $365.7K, and the homeownership rate is 59%. Most people in Sykesville, MD commute by Drove Alone, and the average commute time is 30.76 minutes. The average car ownership in Sykesville, MD is 2 cars per household.

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