Living in Eldersburg, Maryland
Cost of living, income, home prices, rent and demographics of Eldersburg · Census data 2020–2024
Eldersburg has 31,695 residents with a median age of 39. The median household income is $142,954 (38% higher than the Maryland median), the median home value is $494,300, the median rent is $1,705/month.
Eldersburg at a glance
- Population
- 31,695
- Median age
- 39State: 39.4
- Median household income
- $142,954State: $103,678
- Median home value
- $494,300State: $419,900
- Median rent
- $1,705/moState: $1,705
- Homeowners
- 88%
- Bachelor's degree or higher
- 52.9%
- Average commute
- 34 min
Is Eldersburg a good place to live?
Pros: Median household income 38% higher than the Maryland median; unemployment of 3.1%; a poverty rate of 4.7%.
Cons: Home values 18% higher than the state median; an average commute of 34 minutes.
The weather is best in May–June and August–September.
Cost of living in Eldersburg
Housing is the biggest part of the cost of living. In Eldersburg the median home value is $494,300, 49% higher than the U.S. median. Renters pay a median of $1,705 per month, which is 26.9% of household income. Homeowners with a mortgage pay $2,589 a month in housing costs.
Eldersburg median household income
The median household income in Eldersburg is $142,954 and the income per person is $58,115. 4.7% of residents live below the poverty line (Maryland: 9.4%).
Housing in Eldersburg: homes for sale and rent
- Housing units
- 11,183
- Owner-occupied
- 88%
- Renter-occupied
- 12%
- Vacant
- 2.5%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 2.82
Eldersburg demographics
- Population
- 31,695
- Median age
- 39
- Under 18
- 24.3%
- 65 and older
- 15.5%
- Households
- 10,903
- Foreign-born
- 7%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Eldersburg ›
Education in Eldersburg
52.9% of adults 25 and older in Eldersburg have a bachelor's degree or higher (Maryland: 43.4%), and 20.6% have a graduate or professional degree.
Jobs and commute in Eldersburg
- Unemployment rate
- 3.1%State: 4.9%
- Average commute
- 34 minState: 31 min
- Work from home
- 21.9%
- Drive alone
- 73.3%
- Public transit
- 0.2%
- Walk to work
- 1%
- Homes with broadband
- 96.6%
Eldersburg vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Eldersburg | 31,695 | $142,954 | $494,300 | $1,705 |
| Sykesville | 4,491 | $139,556 | $453,400 | $1,828 |
| Reisterstown | 25,582 | $85,543 | $358,700 | $1,600 |
| Randallstown | 35,957 | $85,735 | $327,200 | $1,577 |
| Owings Mills | 37,245 | $96,243 | $361,000 | $1,841 |
| Milford Mill | 30,829 | $69,711 | $273,600 | $1,653 |
| Garrison | 9,469 | $102,423 | $331,600 | $1,952 |
| Ellicott City | 75,257 | $156,964 | $661,700 | $2,061 |
| Mount Airy | 9,805 | $151,324 | $487,400 | $1,854 |
More for people moving to Eldersburg
Eldersburg ZIP code ›Weather and climate ›Living in Eldersburg: FAQ
What is the median household income in Eldersburg, MD?
The median household income in Eldersburg is $142,954, 38% 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 Eldersburg?
The median home value in Eldersburg is $494,300, compared with $419,900 in Maryland.
How much is rent in Eldersburg?
The median gross rent in Eldersburg is $1,705 per month, about 26.9% of household income.
Is Eldersburg, MD a good place to live?
Pluses: median household income 38% higher than the Maryland median; unemployment of 3.1%; a poverty rate of 4.7%. Minuses: home values 18% higher than the state median; an average commute of 34 minutes.
What is the median age in Eldersburg?
The median age in Eldersburg is 39 years (Maryland: 39.4).
How long is the commute in Eldersburg?
The average commute to work in Eldersburg is 34 minutes; 21.9% of workers work from home.
What is the unemployment rate in Eldersburg?
The unemployment rate in Eldersburg is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Eldersburg?
52.9% of adults in Eldersburg 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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