Living in Drum Point, Maryland
Cost of living, income, home prices, rent and demographics of Drum Point · Census data 2020–2024
Drum Point has 3,589 residents with a median age of 37.3. The median household income is $109,231 (5% higher than the Maryland median), the median home value is $415,800, the median rent is $1,683/month.
Drum Point at a glance
- Population
- 3,589
- Median age
- 37.3State: 39.4
- Median household income
- $109,231State: $103,678
- Median home value
- $415,800State: $419,900
- Median rent
- $1,683/moState: $1,705
- Homeowners
- 84.5%
- Bachelor's degree or higher
- 38.3%
- Average commute
- 44 min
Is Drum Point a good place to live?
Pros: Median household income 5% higher than the Maryland median; home values about the same as the state median; a poverty rate of 4.1%.
Cons: An average commute of 44 minutes; unemployment of 5.5%.
The weather is best in May–June and September–October.
Cost of living in Drum Point
Housing is the biggest part of the cost of living. In Drum Point the median home value is $415,800, 25% higher than the U.S. median. Renters pay a median of $1,683 per month, which is 21.5% of household income. Homeowners with a mortgage pay $2,278 a month in housing costs.
Drum Point median household income
The median household income in Drum Point is $109,231 and the income per person is $51,382. 4.1% of residents live below the poverty line (Maryland: 9.4%).
Housing in Drum Point: homes for sale and rent
- Housing units
- 1,373
- Owner-occupied
- 84.5%
- Renter-occupied
- 15.5%
- Vacant
- 10.9%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 2.93
Drum Point demographics
- Population
- 3,589
- Median age
- 37.3
- Under 18
- 18.8%
- 65 and older
- 14.3%
- Households
- 1,224
- Foreign-born
- 4.4%
- Veterans
- 16%Adults 18+
Hispanic or Latino can be of any race. Population history of Drum Point ›
Education in Drum Point
38.3% of adults 25 and older in Drum Point have a bachelor's degree or higher (Maryland: 43.4%), and 19.8% have a graduate or professional degree.
Jobs and commute in Drum Point
- Unemployment rate
- 5.5%State: 4.9%
- Average commute
- 44 minState: 31 min
- Work from home
- 18%
- Drive alone
- 75.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 96.4%
Drum Point vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Drum Point | 3,589 | $109,231 | $415,800 | $1,683 |
| Solomons | 2,440 | $94,963 | $436,800 | $3,189 |
| Lusby | 2,595 | $151,711 | $423,800 | $1,594 |
| Chesapeake Ranch Estates | 9,241 | $102,669 | $286,700 | $1,948 |
| California | 13,136 | $119,855 | $346,800 | $1,927 |
| Lexington Park | 13,252 | $94,799 | $309,700 | $1,755 |
| Wildewood | 7,552 | $126,890 | $383,400 | $2,144 |
| Callaway | 930 | $160,341 | $364,700 | — |
| Long Beach | 1,849 | $126,683 | $441,000 | $1,384 |
More for people moving to Drum Point
Drum Point ZIP code ›Weather and climate ›Living in Drum Point: FAQ
What is the median household income in Drum Point, MD?
The median household income in Drum Point is $109,231, 5% 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 Drum Point?
The median home value in Drum Point is $415,800, compared with $419,900 in Maryland.
How much is rent in Drum Point?
The median gross rent in Drum Point is $1,683 per month, about 21.5% of household income.
Is Drum Point, MD a good place to live?
Pluses: median household income 5% higher than the Maryland median; home values about the same as the state median; a poverty rate of 4.1%. Minuses: an average commute of 44 minutes; unemployment of 5.5%.
What is the median age in Drum Point?
The median age in Drum Point is 37.3 years (Maryland: 39.4).
How long is the commute in Drum Point?
The average commute to work in Drum Point is 44 minutes; 18% of workers work from home.
What is the unemployment rate in Drum Point?
The unemployment rate in Drum Point is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Drum Point?
38.3% of adults in Drum Point 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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