Living in Chance, Maryland
Cost of living, income, home prices, rent and demographics of Chance · Census data 2020–2024
Chance has 230 residents with a median age of 58.5. The median household income is $66,711 (36% lower than the Maryland median), the median home value is $259,100.
Chance is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Chance at a glance
- Population
- 230
- Median age
- 58.5State: 39.4
- Median household income
- $66,711State: $103,678
- Median home value
- $259,100State: $419,900
- Homeowners
- 100%
- Bachelor's degree or higher
- 9.5%
- Average commute
- 37 min
Is Chance a good place to live?
Pros: Home values 38% lower than the state median; a poverty rate of 4.3%.
Cons: Median household income 36% lower than the Maryland median; an average commute of 37 minutes.
The weather is best in April–May and September–October.
Cost of living in Chance
Housing is the biggest part of the cost of living. In Chance the median home value is $259,100, 22% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,594 a month in housing costs.
Chance median household income
The median household income in Chance is $66,711 and the income per person is $45,574. 4.3% of residents live below the poverty line (Maryland: 9.4%).
Housing in Chance: homes for sale and rent
- Housing units
- 236
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 53.4%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.09
53.4% of homes are vacant most of the year, a sign that Chance has many vacation and second homes.
Chance demographics
- Population
- 230
- Median age
- 58.5
- Under 18
- 3.9%
- 65 and older
- 33.5%
- Households
- 110
- Foreign-born
- 23.5%
- Veterans
- 1.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Chance ›
Education in Chance
9.5% of adults 25 and older in Chance have a bachelor's degree or higher (Maryland: 43.4%), and 2.7% have a graduate or professional degree.
Jobs and commute in Chance
- Unemployment rate
- 0%State: 4.9%
- Average commute
- 37 minState: 31 min
- Work from home
- 4.3%
- Drive alone
- 49.6%
- Public transit
- 0%
- Walk to work
- 2.6%
- Homes with broadband
- 82.7%
Chance vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Chance | 230 | $66,711 | $259,100 | — |
| Deal Island | 341 | $22,404 | $134,800 | $1,615 |
| Dames Quarter | 226 | $83,750 | $232,000 | — |
| Nanticoke | 434 | $94,189 | — | — |
| Fairmount | 440 | $51,827 | $146,200 | — |
| Mount Vernon | 1,067 | $113,938 | $163,500 | — |
| Tyaskin | 155 | $126,307 | $226,100 | — |
| Princess Anne | 3,569 | $69,116 | $231,900 | $1,048 |
| Crisfield | 2,499 | $50,139 | $137,900 | $766 |
More for people moving to Chance
Chance ZIP code ›Weather and climate ›Living in Chance: FAQ
What is the median household income in Chance, MD?
The median household income in Chance is $66,711, 36% lower than the Maryland median of $103,678 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Chance?
The median home value in Chance is $259,100, compared with $419,900 in Maryland.
Is Chance, MD a good place to live?
Pluses: home values 38% lower than the state median; a poverty rate of 4.3%. Minuses: median household income 36% lower than the Maryland median; an average commute of 37 minutes.
What is the median age in Chance?
The median age in Chance is 58.5 years (Maryland: 39.4).
How long is the commute in Chance?
The average commute to work in Chance is 37 minutes; 4.3% of workers work from home.
What is the unemployment rate in Chance?
The unemployment rate in Chance is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Chance?
9.5% of adults in Chance have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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