Living in Mount Savage, Maryland
Cost of living, income, home prices, rent and demographics of Mount Savage · Census data 2020–2024
Mount Savage has 514 residents with a median age of 47.2. The median household income is $51,691 (50% lower than the Maryland median), the median home value is $108,300, the median rent is $649/month.
Mount Savage is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Mount Savage at a glance
- Population
- 514
- Median age
- 47.2State: 39.4
- Median household income
- $51,691State: $103,678
- Median home value
- $108,300State: $419,900
- Median rent
- $649/moState: $1,705
- Homeowners
- 81.2%
- Bachelor's degree or higher
- 23%
- Average commute
- 27 min
Is Mount Savage a good place to live?
Pros: Home values 74% lower than the state median; an average commute of 27 minutes; unemployment of 3.4%.
Cons: Median household income 50% lower than the Maryland median; a poverty rate of 16.1%.
The weather is best in May–June and August–September.
Cost of living in Mount Savage
Housing is the biggest part of the cost of living. In Mount Savage the median home value is $108,300, 67% lower than the U.S. median. Renters pay a median of $649 per month, which is 19.9% of household income. Homeowners with a mortgage pay $1,647 a month in housing costs.
Mount Savage median household income
The median household income in Mount Savage is $51,691 and the income per person is $38,660. 16.1% of residents live below the poverty line (Maryland: 9.4%).
Housing in Mount Savage: homes for sale and rent
- Housing units
- 311
- Owner-occupied
- 81.2%
- Renter-occupied
- 18.8%
- Vacant
- 23.2%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.15
Mount Savage demographics
- Population
- 514
- Median age
- 47.2
- Under 18
- 15.8%
- 65 and older
- 18.1%
- Households
- 239
- Foreign-born
- 0%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Mount Savage ›
Education in Mount Savage
23% of adults 25 and older in Mount Savage have a bachelor's degree or higher (Maryland: 43.4%), and 10.3% have a graduate or professional degree.
Jobs and commute in Mount Savage
- Unemployment rate
- 3.4%State: 4.9%
- Average commute
- 27 minState: 31 min
- Work from home
- 0%
- Drive alone
- 85.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 79.1%
Mount Savage vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mount Savage | 514 | $51,691 | $108,300 | $649 |
| Zihlman | 306 | $52,054 | $91,900 | — |
| Wellersburg | 147 | $57,500 | $156,300 | $617 |
| Eckhart Mines | 670 | $64,100 | $182,700 | $806 |
| La Vale | 4,196 | $77,500 | $170,800 | $871 |
| Finzel | 740 | $115,343 | $255,800 | — |
| Frostburg | 6,977 | $52,977 | $181,700 | $945 |
| Corriganville | 622 | $76,023 | $144,200 | — |
| Grahamtown | 537 | $104,274 | $114,600 | — |
More for people moving to Mount Savage
Mount Savage ZIP code ›Weather and climate ›Living in Mount Savage: FAQ
What is the median household income in Mount Savage, MD?
The median household income in Mount Savage is $51,691, 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 Mount Savage?
The median home value in Mount Savage is $108,300, compared with $419,900 in Maryland.
How much is rent in Mount Savage?
The median gross rent in Mount Savage is $649 per month, about 19.9% of household income.
Is Mount Savage, MD a good place to live?
Pluses: home values 74% lower than the state median; an average commute of 27 minutes; unemployment of 3.4%. Minuses: median household income 50% lower than the Maryland median; a poverty rate of 16.1%.
What is the median age in Mount Savage?
The median age in Mount Savage is 47.2 years (Maryland: 39.4).
How long is the commute in Mount Savage?
The average commute to work in Mount Savage is 27 minutes; 0% of workers work from home.
What is the unemployment rate in Mount Savage?
The unemployment rate in Mount Savage is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mount Savage?
23% of adults in Mount Savage 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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