Living in Charlestown, Maryland
Cost of living, income, home prices, rent and demographics of Charlestown · Census data 2020–2024
Charlestown has 1,999 residents with a median age of 37.5. The median household income is $122,125 (18% higher than the Maryland median), the median home value is $378,400, the median rent is $1,735/month.
Charlestown at a glance
- Population
- 1,999
- Median age
- 37.5State: 39.4
- Median household income
- $122,125State: $103,678
- Median home value
- $378,400State: $419,900
- Median rent
- $1,735/moState: $1,705
- Homeowners
- 92.3%
- Bachelor's degree or higher
- 38.2%
- Average commute
- 31 min
Is Charlestown a good place to live?
Pros: Median household income 18% higher than the Maryland median; home values 10% lower than the state median; an average commute of 31 minutes; unemployment of 4.3%; a poverty rate of 8.5%.
The weather is best in May–June and August–September.
Cost of living in Charlestown
Housing is the biggest part of the cost of living. In Charlestown the median home value is $378,400, 14% higher than the U.S. median. Renters pay a median of $1,735 per month, which is 19.3% of household income. Homeowners with a mortgage pay $2,228 a month in housing costs.
Charlestown median household income
The median household income in Charlestown is $122,125 and the income per person is $44,375. 8.5% of residents live below the poverty line (Maryland: 9.4%).
Housing in Charlestown: homes for sale and rent
- Housing units
- 765
- Owner-occupied
- 92.3%
- Renter-occupied
- 7.7%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1994
- Average household size
- 2.74
Charlestown demographics
- Population
- 1,999
- Median age
- 37.5
- Under 18
- 28.5%
- 65 and older
- 14.8%
- Households
- 725
- Foreign-born
- 1.2%
- Veterans
- 10.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Charlestown ›
Education in Charlestown
38.2% of adults 25 and older in Charlestown have a bachelor's degree or higher (Maryland: 43.4%), and 17.4% have a graduate or professional degree.
Jobs and commute in Charlestown
- Unemployment rate
- 4.3%State: 4.9%
- Average commute
- 31 minState: 31 min
- Work from home
- 15.5%
- Drive alone
- 77.8%
- Public transit
- 1.3%
- Walk to work
- 0.2%
- Homes with broadband
- 95.6%
Charlestown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Charlestown | 1,999 | $122,125 | $378,400 | $1,735 |
| North East | 4,134 | $91,603 | $292,300 | $1,329 |
| Perryville | 4,447 | $77,733 | $295,200 | $916 |
| Port Deposit | 491 | $58,750 | $278,600 | $1,229 |
| Havre de Grace | 14,994 | $105,817 | $392,900 | $1,416 |
| Elkton | 15,910 | $58,640 | $293,400 | $1,382 |
| Rising Sun | 2,764 | $85,563 | $309,100 | $1,210 |
| Chesapeake City | 810 | $84,583 | $344,100 | $1,170 |
| West Nottingham | 2,823 | $76,853 | $281,900 | $1,323 |
More for people moving to Charlestown
Charlestown ZIP code ›Weather and climate ›Living in Charlestown: FAQ
What is the median household income in Charlestown, MD?
The median household income in Charlestown is $122,125, 18% higher 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 Charlestown?
The median home value in Charlestown is $378,400, compared with $419,900 in Maryland.
How much is rent in Charlestown?
The median gross rent in Charlestown is $1,735 per month, about 19.3% of household income.
Is Charlestown, MD a good place to live?
Pluses: median household income 18% higher than the Maryland median; home values 10% lower than the state median; an average commute of 31 minutes; unemployment of 4.3%; a poverty rate of 8.5%.
What is the median age in Charlestown?
The median age in Charlestown is 37.5 years (Maryland: 39.4).
How long is the commute in Charlestown?
The average commute to work in Charlestown is 31 minutes; 15.5% of workers work from home.
What is the unemployment rate in Charlestown?
The unemployment rate in Charlestown is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Charlestown?
38.2% of adults in Charlestown 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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