Living in Parkville, Maryland

Cost of living, income, home prices, rent and demographics of Parkville · Census data 2020–2024

Parkville has 30,549 residents with a median age of 38.5. The median household income is $79,178 (24% lower than the Maryland median), the median home value is $260,400, the median rent is $1,526/month.

Parkville at a glance

Population
30,549
Median age
38.5State: 39.4
Median household income
$79,178State: $103,678
Median home value
$260,400State: $419,900
Median rent
$1,526/moState: $1,705
Homeowners
62.5%
Bachelor's degree or higher
33.2%
Average commute
27 min

Is Parkville a good place to live?

Pros: Home values 38% lower than the state median; an average commute of 27 minutes; a poverty rate of 8.6%.

Cons: Median household income 24% lower than the Maryland median; unemployment of 5%.

The weather is best in May–June and August–September.

Cost of living in Parkville

Housing is the biggest part of the cost of living. In Parkville the median home value is $260,400, 22% lower than the U.S. median. Renters pay a median of $1,526 per month, which is 33.8% of household income. Homeowners with a mortgage pay $1,722 a month in housing costs.

Median home value

Parkville$260,400
Maryland$419,900
United States$332,700

Median monthly rent

Parkville$1,526
Maryland$1,705
United States$1,413

Parkville median household income

The median household income in Parkville is $79,178 and the income per person is $39,463. 8.6% of residents live below the poverty line (Maryland: 9.4%).

Median household income

Parkville$79,178
Maryland$103,678
United States$80,734

Housing in Parkville: homes for sale and rent

Housing units
13,503
Owner-occupied
62.5%
Renter-occupied
37.5%
Vacant
7.6%Includes seasonal homes
Median year built
1957
Average household size
2.42

Parkville demographics

Population
30,549
Median age
38.5
Under 18
22.4%
65 and older
15.3%
Households
12,481
Foreign-born
9%
Veterans
5.9%Adults 18+

Race and ethnicity

White49.6%
Hispanic or Latino6.4%
Black36.9%
Asian4.6%

Hispanic or Latino can be of any race. Population history of Parkville ›

Education in Parkville

33.2% of adults 25 and older in Parkville have a bachelor's degree or higher (Maryland: 43.4%), and 13.6% have a graduate or professional degree.

Bachelor's degree or higher

Parkville33.2%
Maryland43.4%
United States35.7%

Jobs and commute in Parkville

Unemployment rate
5%State: 4.9%
Average commute
27 minState: 31 min
Work from home
13.4%
Drive alone
74.1%
Public transit
2.2%
Walk to work
0.7%
Homes with broadband
90.4%

Parkville vs nearby towns

TownPopulationMedian incomeHome valueRent
Parkville30,549$79,178$260,400$1,526
Carney28,343$83,620$319,700$1,793
Overlea13,035$88,841$263,900$1,473
Hampton5,372$170,688$615,300—
Towson58,679$101,320$469,000$1,764
Perry Hall29,105$106,244$349,600$1,706
Rossville16,059$90,000$317,000$1,667
Rosedale20,002$85,711$276,200$1,378
Lutherville6,574$113,563$443,900$1,423

More for people moving to Parkville

Parkville ZIP code ›Weather and climate ›

Living in Parkville: FAQ

What is the median household income in Parkville, MD?

The median household income in Parkville is $79,178, 24% 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 Parkville?

The median home value in Parkville is $260,400, compared with $419,900 in Maryland.

How much is rent in Parkville?

The median gross rent in Parkville is $1,526 per month, about 33.8% of household income.

Is Parkville, MD a good place to live?

Pluses: home values 38% lower than the state median; an average commute of 27 minutes; a poverty rate of 8.6%. Minuses: median household income 24% lower than the Maryland median; unemployment of 5%.

What is the median age in Parkville?

The median age in Parkville is 38.5 years (Maryland: 39.4).

How long is the commute in Parkville?

The average commute to work in Parkville is 27 minutes; 13.4% of workers work from home.

What is the unemployment rate in Parkville?

The unemployment rate in Parkville is 5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Parkville?

33.2% of adults in Parkville 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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