Living in Cloverly, Maryland

Cost of living, income, home prices, rent and demographics of Cloverly · Census data 2020–2024

Cloverly has 16,646 residents with a median age of 44.8. The median household income is $152,083 (47% higher than the Maryland median), the median home value is $665,300, the median rent is $2,129/month.

Cloverly at a glance

Population
16,646
Median age
44.8State: 39.4
Median household income
$152,083State: $103,678
Median home value
$665,300State: $419,900
Median rent
$2,129/moState: $1,705
Homeowners
85.4%
Bachelor's degree or higher
59%
Average commute
35 min

Is Cloverly a good place to live?

Pros: Median household income 47% higher than the Maryland median; a poverty rate of 7.2%.

Cons: Home values 58% higher than the state median; an average commute of 35 minutes; unemployment of 6.8%.

The weather is best in May and August to October.

Cost of living in Cloverly

Housing is the biggest part of the cost of living. In Cloverly the median home value is $665,300, 100% higher than the U.S. median. Renters pay a median of $2,129 per month, which is 36.7% of household income. Homeowners with a mortgage pay $3,082 a month in housing costs.

Median home value

Cloverly$665,300
Maryland$419,900
United States$332,700

Median monthly rent

Cloverly$2,129
Maryland$1,705
United States$1,413

Cloverly median household income

The median household income in Cloverly is $152,083 and the income per person is $56,233. 7.2% of residents live below the poverty line (Maryland: 9.4%).

Median household income

Cloverly$152,083
Maryland$103,678
United States$80,734

Housing in Cloverly: homes for sale and rent

Housing units
5,277
Owner-occupied
85.4%
Renter-occupied
14.6%
Vacant
2.3%Includes seasonal homes
Median year built
1983
Average household size
3.22

Cloverly demographics

Population
16,646
Median age
44.8
Under 18
22.4%
65 and older
20.4%
Households
5,154
Foreign-born
32.4%
Veterans
5.4%Adults 18+

Race and ethnicity

White27.2%
Hispanic or Latino15.3%
Black34.9%
Asian18.4%

Hispanic or Latino can be of any race. Population history of Cloverly ›

Education in Cloverly

59% of adults 25 and older in Cloverly have a bachelor's degree or higher (Maryland: 43.4%), and 30.6% have a graduate or professional degree.

Bachelor's degree or higher

Cloverly59%
Maryland43.4%
United States35.7%

Jobs and commute in Cloverly

Unemployment rate
6.8%State: 4.9%
Average commute
35 minState: 31 min
Work from home
28.2%
Drive alone
56.9%
Public transit
4.8%
Walk to work
0.6%
Homes with broadband
97.3%

Cloverly vs nearby towns

TownPopulationMedian incomeHome valueRent
Cloverly16,646$152,083$665,300$2,129
Spencerville1,028$189,766$626,900—
Colesville14,519$130,682$616,800$1,893
Layhill5,497$146,308$608,000$2,189
Fairland26,231$98,800$477,300$1,894
Ashton-Sandy Spring5,630$174,063$809,200$1,369
Burtonsville10,203$134,276$488,800$2,358
Glenmont17,208$126,542$571,200$2,028
Calverton17,624$107,381$477,100$2,164

More for people moving to Cloverly

Cloverly ZIP code ›Weather and climate ›

Living in Cloverly: FAQ

What is the median household income in Cloverly, MD?

The median household income in Cloverly is $152,083, 47% 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 Cloverly?

The median home value in Cloverly is $665,300, compared with $419,900 in Maryland.

How much is rent in Cloverly?

The median gross rent in Cloverly is $2,129 per month, about 36.7% of household income.

Is Cloverly, MD a good place to live?

Pluses: median household income 47% higher than the Maryland median; a poverty rate of 7.2%. Minuses: home values 58% higher than the state median; an average commute of 35 minutes; unemployment of 6.8%.

What is the median age in Cloverly?

The median age in Cloverly is 44.8 years (Maryland: 39.4).

How long is the commute in Cloverly?

The average commute to work in Cloverly is 35 minutes; 28.2% of workers work from home.

What is the unemployment rate in Cloverly?

The unemployment rate in Cloverly is 6.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Cloverly?

59% of adults in Cloverly 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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