Living in Elkridge, Maryland
Cost of living, income, home prices, rent and demographics of Elkridge · Census data 2020–2024
Elkridge has 26,283 residents with a median age of 34.4. The median household income is $139,913 (35% higher than the Maryland median), the median home value is $454,200, the median rent is $2,295/month.
Elkridge at a glance
- Population
- 26,283
- Median age
- 34.4State: 39.4
- Median household income
- $139,913State: $103,678
- Median home value
- $454,200State: $419,900
- Median rent
- $2,295/moState: $1,705
- Homeowners
- 62.3%
- Bachelor's degree or higher
- 58.9%
- Average commute
- 27 min
Is Elkridge a good place to live?
Pros: Median household income 35% higher than the Maryland median; an average commute of 27 minutes; a poverty rate of 7.6%.
Cons: Home values 8% higher than the state median; unemployment of 5.2%.
The weather is best in May–June and September–October.
Cost of living in Elkridge
Housing is the biggest part of the cost of living. In Elkridge the median home value is $454,200, 37% higher than the U.S. median. Renters pay a median of $2,295 per month, which is 31.8% of household income. Homeowners with a mortgage pay $2,702 a month in housing costs.
Elkridge median household income
The median household income in Elkridge is $139,913 and the income per person is $54,691. 7.6% of residents live below the poverty line (Maryland: 9.4%).
Housing in Elkridge: homes for sale and rent
- Housing units
- 9,770
- Owner-occupied
- 62.3%
- Renter-occupied
- 37.7%
- Vacant
- 4.4%Includes seasonal homes
- Median year built
- 2006
- Average household size
- 2.81
Elkridge demographics
- Population
- 26,283
- Median age
- 34.4
- Under 18
- 26.8%
- 65 and older
- 7.9%
- Households
- 9,339
- Foreign-born
- 24.4%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Elkridge ›
Education in Elkridge
58.9% of adults 25 and older in Elkridge have a bachelor's degree or higher (Maryland: 43.4%), and 24.1% have a graduate or professional degree.
Jobs and commute in Elkridge
- Unemployment rate
- 5.2%State: 4.9%
- Average commute
- 27 minState: 31 min
- Work from home
- 22.8%
- Drive alone
- 67.8%
- Public transit
- 2.9%
- Walk to work
- 0%
- Homes with broadband
- 97.6%
Elkridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elkridge | 26,283 | $139,913 | $454,200 | $2,295 |
| Ilchester | 28,364 | $152,103 | $532,400 | $2,115 |
| Jessup | 9,931 | $128,851 | $462,000 | $2,187 |
| Arbutus | 22,507 | $99,090 | $322,600 | $1,318 |
| Linthicum | 11,313 | $134,673 | $401,600 | $2,066 |
| Severn | 58,402 | $134,423 | $479,200 | $2,175 |
| Catonsville | 43,368 | $114,109 | $416,900 | $1,724 |
| Lansdowne | 7,876 | $58,605 | $214,000 | $1,427 |
| Savage | 8,239 | $116,895 | $424,300 | $2,053 |
More for people moving to Elkridge
Elkridge ZIP code ›Weather and climate ›Living in Elkridge: FAQ
What is the median household income in Elkridge, MD?
The median household income in Elkridge is $139,913, 35% 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 Elkridge?
The median home value in Elkridge is $454,200, compared with $419,900 in Maryland.
How much is rent in Elkridge?
The median gross rent in Elkridge is $2,295 per month, about 31.8% of household income.
Is Elkridge, MD a good place to live?
Pluses: median household income 35% higher than the Maryland median; an average commute of 27 minutes; a poverty rate of 7.6%. Minuses: home values 8% higher than the state median; unemployment of 5.2%.
What is the median age in Elkridge?
The median age in Elkridge is 34.4 years (Maryland: 39.4).
How long is the commute in Elkridge?
The average commute to work in Elkridge is 27 minutes; 22.8% of workers work from home.
What is the unemployment rate in Elkridge?
The unemployment rate in Elkridge is 5.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elkridge?
58.9% of adults in Elkridge 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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