Living in Eldorado, Maryland
Cost of living, income, home prices, rent and demographics of Eldorado · Census data 2020–2024
Eldorado has 30 residents with a median age of 36.5. The median household income is $51,563 (50% lower than the Maryland median), the median home value is $183,300.
Eldorado is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Eldorado at a glance
- Population
- 30
- Median age
- 36.5State: 39.4
- Median household income
- $51,563State: $103,678
- Median home value
- $183,300State: $419,900
- Homeowners
- 92.3%
- Bachelor's degree or higher
- 10%
- Average commute
- 25 min
Is Eldorado a good place to live?
Pros: Home values 56% lower than the state median; an average commute of 25 minutes.
Cons: Median household income 50% lower than the Maryland median; unemployment of 16.7%.
The weather is best in April–May and September–October.
Cost of living in Eldorado
Housing is the biggest part of the cost of living. In Eldorado the median home value is $183,300, 45% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,200 a month in housing costs.
Eldorado median household income
The median household income in Eldorado is $51,563 and the income per person is $27,580. 0% of residents live below the poverty line (Maryland: 9.4%).
Housing in Eldorado: homes for sale and rent
- Housing units
- 19
- Owner-occupied
- 92.3%
- Renter-occupied
- 7.7%
- Vacant
- 31.6%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.31
31.6% of homes are vacant most of the year, a sign that Eldorado has many vacation and second homes.
Eldorado demographics
- Population
- 30
- Median age
- 36.5
- Under 18
- 26.7%
- 65 and older
- 16.7%
- Households
- 13
- Foreign-born
- 6.7%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Eldorado ›
Education in Eldorado
10% of adults 25 and older in Eldorado have a bachelor's degree or higher (Maryland: 43.4%), and 0% have a graduate or professional degree.
Jobs and commute in Eldorado
- Unemployment rate
- 16.7%State: 4.9%
- Average commute
- 25 minState: 31 min
- Work from home
- 0%
- Drive alone
- 92.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 84.6%
Eldorado vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Eldorado | 30 | $51,563 | $183,300 | — |
| Sharptown | 874 | $85,938 | $192,500 | $1,185 |
| Hurlock | 2,819 | $58,511 | $202,700 | $755 |
| East New Market | 246 | $42,917 | $268,100 | $1,250 |
| Vienna | 382 | $100,313 | $229,400 | $1,731 |
| Federalsburg | 2,837 | $33,571 | $156,500 | $1,017 |
| Secretary | 635 | $82,721 | $172,000 | $1,175 |
| Mardela Springs | 493 | $64,432 | $247,200 | $1,364 |
| Bethel | 375 | $99,375 | $294,700 | — |
More for people moving to Eldorado
Eldorado ZIP code ›Weather and climate ›Living in Eldorado: FAQ
What is the median household income in Eldorado, MD?
The median household income in Eldorado is $51,563, 50% 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 Eldorado?
The median home value in Eldorado is $183,300, compared with $419,900 in Maryland.
Is Eldorado, MD a good place to live?
Pluses: home values 56% lower than the state median; an average commute of 25 minutes. Minuses: median household income 50% lower than the Maryland median; unemployment of 16.7%.
What is the median age in Eldorado?
The median age in Eldorado is 36.5 years (Maryland: 39.4).
How long is the commute in Eldorado?
The average commute to work in Eldorado is 25 minutes; 0% of workers work from home.
What is the unemployment rate in Eldorado?
The unemployment rate in Eldorado is 16.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Eldorado?
10% of adults in Eldorado 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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