Living in Halfway, Maryland
Cost of living, income, home prices, rent and demographics of Halfway · Census data 2020–2024
Halfway has 10,849 residents with a median age of 42.9. The median household income is $71,036 (31% lower than the Maryland median), the median home value is $253,300, the median rent is $1,269/month.
Halfway at a glance
- Population
- 10,849
- Median age
- 42.9State: 39.4
- Median household income
- $71,036State: $103,678
- Median home value
- $253,300State: $419,900
- Median rent
- $1,269/moState: $1,705
- Homeowners
- 71.6%
- Bachelor's degree or higher
- 21.3%
- Average commute
- 22 min
Is Halfway a good place to live?
Pros: Home values 40% lower than the state median; an average commute of 22 minutes; unemployment of 4%.
Cons: Median household income 31% lower than the Maryland median; a poverty rate of 10.5%.
The weather is best in May–June and August–September.
Cost of living in Halfway
Housing is the biggest part of the cost of living. In Halfway the median home value is $253,300, 24% lower than the U.S. median. Renters pay a median of $1,269 per month, which is 32.9% of household income. Homeowners with a mortgage pay $1,526 a month in housing costs.
Halfway median household income
The median household income in Halfway is $71,036 and the income per person is $38,234. 10.5% of residents live below the poverty line (Maryland: 9.4%).
Housing in Halfway: homes for sale and rent
- Housing units
- 5,015
- Owner-occupied
- 71.6%
- Renter-occupied
- 28.4%
- Vacant
- 8.5%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.35
Halfway demographics
- Population
- 10,849
- Median age
- 42.9
- Under 18
- 20.7%
- 65 and older
- 21.4%
- Households
- 4,590
- Foreign-born
- 5.5%
- Veterans
- 9.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Halfway ›
Education in Halfway
21.3% of adults 25 and older in Halfway have a bachelor's degree or higher (Maryland: 43.4%), and 9% have a graduate or professional degree.
Jobs and commute in Halfway
- Unemployment rate
- 4%State: 4.9%
- Average commute
- 22 minState: 31 min
- Work from home
- 6.6%
- Drive alone
- 78.2%
- Public transit
- 0.2%
- Walk to work
- 0.1%
- Homes with broadband
- 92%
Halfway vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Halfway | 10,849 | $71,036 | $253,300 | $1,269 |
| Williamsport | 1,949 | $61,607 | $227,900 | $1,262 |
| Hagerstown | 43,665 | $52,221 | $224,500 | $1,114 |
| St. James | 4,824 | $97,361 | $409,000 | $1,289 |
| Funkstown | 1,076 | $61,392 | $277,800 | $808 |
| Wilson-Conococheague | 1,663 | $64,296 | $224,600 | $1,169 |
| Downsville | 958 | $220,063 | $342,700 | — |
| Maugansville | 3,624 | $79,019 | $321,800 | $1,064 |
| Fairplay | 511 | $120,652 | $296,800 | — |
More for people moving to Halfway
Halfway ZIP code ›Weather and climate ›Living in Halfway: FAQ
What is the median household income in Halfway, MD?
The median household income in Halfway is $71,036, 31% 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 Halfway?
The median home value in Halfway is $253,300, compared with $419,900 in Maryland.
How much is rent in Halfway?
The median gross rent in Halfway is $1,269 per month, about 32.9% of household income.
Is Halfway, MD a good place to live?
Pluses: home values 40% lower than the state median; an average commute of 22 minutes; unemployment of 4%. Minuses: median household income 31% lower than the Maryland median; a poverty rate of 10.5%.
What is the median age in Halfway?
The median age in Halfway is 42.9 years (Maryland: 39.4).
How long is the commute in Halfway?
The average commute to work in Halfway is 22 minutes; 6.6% of workers work from home.
What is the unemployment rate in Halfway?
The unemployment rate in Halfway is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Halfway?
21.3% of adults in Halfway 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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