Living in College Park, Maryland
Cost of living, income, home prices, rent and demographics of College Park · Census data 2020–2024
College Park has 34,540 residents with a median age of 21.5. The median household income is $69,721 (33% lower than the Maryland median), the median home value is $437,900, the median rent is $1,912/month.
College Park at a glance
- Population
- 34,540
- Median age
- 21.5State: 39.4
- Median household income
- $69,721State: $103,678
- Median home value
- $437,900State: $419,900
- Median rent
- $1,912/moState: $1,705
- Homeowners
- 34%
- Bachelor's degree or higher
- 52.7%
- Average commute
- 26 min
Is College Park a good place to live?
Pros: An average commute of 26 minutes.
Cons: Median household income 33% lower than the Maryland median; home values 4% higher than the state median; unemployment of 7.1%; a poverty rate of 33.2%.
The weather is best in May–June and September–October.
Cost of living in College Park
Housing is the biggest part of the cost of living. In College Park the median home value is $437,900, 32% higher than the U.S. median. Renters pay a median of $1,912 per month, which is 46.4% of household income. Homeowners with a mortgage pay $2,327 a month in housing costs.
College Park median household income
The median household income in College Park is $69,721 and the income per person is $26,314. 33.2% of residents live below the poverty line (Maryland: 9.4%).
Housing in College Park: homes for sale and rent
- Housing units
- 10,172
- Owner-occupied
- 34%
- Renter-occupied
- 66%
- Vacant
- 11.5%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.69
College Park demographics
- Population
- 34,540
- Median age
- 21.5
- Under 18
- 10.5%
- 65 and older
- 6.3%
- Households
- 9,007
- Foreign-born
- 23.8%
- Veterans
- 2.1%Adults 18+
Hispanic or Latino can be of any race. Population history of College Park ›
Education in College Park
52.7% of adults 25 and older in College Park have a bachelor's degree or higher (Maryland: 43.4%), and 24.3% have a graduate or professional degree.
Jobs and commute in College Park
- Unemployment rate
- 7.1%State: 4.9%
- Average commute
- 26 minState: 31 min
- Work from home
- 16.1%
- Drive alone
- 46.6%
- Public transit
- 8.7%
- Walk to work
- 14.2%
- Homes with broadband
- 88.1%
College Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| College Park | 34,540 | $69,721 | $437,900 | $1,912 |
| Berwyn Heights | 3,318 | $146,591 | $429,800 | $2,958 |
| Adelphi | 17,395 | $82,137 | $425,200 | $1,804 |
| University Park | 2,698 | $207,500 | $635,100 | $3,200 |
| Riverdale Park | 7,270 | $120,043 | $475,800 | $1,679 |
| Langley Park | 21,508 | $85,321 | $357,200 | $1,707 |
| Hyattsville | 20,966 | $91,941 | $481,500 | $1,835 |
| Greenbelt | 24,678 | $85,997 | $255,400 | $1,848 |
| East Riverdale | 18,336 | $81,831 | $361,400 | $1,716 |
More for people moving to College Park
College Park ZIP code ›Weather and climate ›Living in College Park: FAQ
What is the median household income in College Park, MD?
The median household income in College Park is $69,721, 33% 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 College Park?
The median home value in College Park is $437,900, compared with $419,900 in Maryland.
How much is rent in College Park?
The median gross rent in College Park is $1,912 per month, about 46.4% of household income.
Is College Park, MD a good place to live?
Pluses: an average commute of 26 minutes. Minuses: median household income 33% lower than the Maryland median; home values 4% higher than the state median; unemployment of 7.1%; a poverty rate of 33.2%.
What is the median age in College Park?
The median age in College Park is 21.5 years (Maryland: 39.4).
How long is the commute in College Park?
The average commute to work in College Park is 26 minutes; 16.1% of workers work from home.
What is the unemployment rate in College Park?
The unemployment rate in College Park is 7.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is College Park?
52.7% of adults in College Park 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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