Living in Colesville, Maryland

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

Colesville has 14,519 residents with a median age of 47.3. The median household income is $130,682 (26% higher than the Maryland median), the median home value is $616,800, the median rent is $1,893/month.

Colesville at a glance

Population
14,519
Median age
47.3State: 39.4
Median household income
$130,682State: $103,678
Median home value
$616,800State: $419,900
Median rent
$1,893/moState: $1,705
Homeowners
83%
Bachelor's degree or higher
57.2%
Average commute
30 min

Is Colesville a good place to live?

Pros: Median household income 26% higher than the Maryland median; an average commute of 30 minutes; unemployment of 2.3%; a poverty rate of 3.4%.

Cons: Home values 47% higher than the state median.

The weather is best in May and August to October.

Cost of living in Colesville

Housing is the biggest part of the cost of living. In Colesville the median home value is $616,800, 85% higher than the U.S. median. Renters pay a median of $1,893 per month, which is 51% of household income. Homeowners with a mortgage pay $2,891 a month in housing costs.

Median home value

Colesville$616,800
Maryland$419,900
United States$332,700

Median monthly rent

Colesville$1,893
Maryland$1,705
United States$1,413

Colesville median household income

The median household income in Colesville is $130,682 and the income per person is $61,947. 3.4% of residents live below the poverty line (Maryland: 9.4%).

Median household income

Colesville$130,682
Maryland$103,678
United States$80,734

Housing in Colesville: homes for sale and rent

Housing units
5,154
Owner-occupied
83%
Renter-occupied
17%
Vacant
7.9%Includes seasonal homes
Median year built
1968
Average household size
3.02

Colesville demographics

Population
14,519
Median age
47.3
Under 18
21.7%
65 and older
26.9%
Households
4,748
Foreign-born
33.8%
Veterans
4%Adults 18+

Race and ethnicity

White32.7%
Hispanic or Latino17.4%
Black33.1%
Asian13.4%

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

Education in Colesville

57.2% of adults 25 and older in Colesville have a bachelor's degree or higher (Maryland: 43.4%), and 29.3% have a graduate or professional degree.

Bachelor's degree or higher

Colesville57.2%
Maryland43.4%
United States35.7%

Jobs and commute in Colesville

Unemployment rate
2.3%State: 4.9%
Average commute
30 minState: 31 min
Work from home
32.5%
Drive alone
56.1%
Public transit
4.5%
Walk to work
0.7%
Homes with broadband
93.8%

Colesville vs nearby towns

TownPopulationMedian incomeHome valueRent
Colesville14,519$130,682$616,800$1,893
White Oak17,329$83,370$574,000$1,808
Cloverly16,646$152,083$665,300$2,129
Layhill5,497$146,308$608,000$2,189
Kemp Mill13,042$146,354$596,600$2,177
Glenmont17,208$126,542$571,200$2,028
Fairland26,231$98,800$477,300$1,894
Burnt Mills3,751$113,463$574,300$2,315
Calverton17,624$107,381$477,100$2,164

More for people moving to Colesville

Colesville ZIP code ›Weather and climate ›

Living in Colesville: FAQ

What is the median household income in Colesville, MD?

The median household income in Colesville is $130,682, 26% 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 Colesville?

The median home value in Colesville is $616,800, compared with $419,900 in Maryland.

How much is rent in Colesville?

The median gross rent in Colesville is $1,893 per month, about 51% of household income.

Is Colesville, MD a good place to live?

Pluses: median household income 26% higher than the Maryland median; an average commute of 30 minutes; unemployment of 2.3%; a poverty rate of 3.4%. Minuses: home values 47% higher than the state median.

What is the median age in Colesville?

The median age in Colesville is 47.3 years (Maryland: 39.4).

How long is the commute in Colesville?

The average commute to work in Colesville is 30 minutes; 32.5% of workers work from home.

What is the unemployment rate in Colesville?

The unemployment rate in Colesville is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Colesville?

57.2% of adults in Colesville 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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