Living in Prince Frederick, Maryland
Cost of living, income, home prices, rent and demographics of Prince Frederick · Census data 2020–2024
Prince Frederick has 2,955 residents with a median age of 35.9. The median household income is $80,391 (22% lower than the Maryland median), the median home value is $404,400, the median rent is $1,377/month.
Prince Frederick at a glance
- Population
- 2,955
- Median age
- 35.9State: 39.4
- Median household income
- $80,391State: $103,678
- Median home value
- $404,400State: $419,900
- Median rent
- $1,377/moState: $1,705
- Homeowners
- 47.8%
- Bachelor's degree or higher
- 22.8%
- Average commute
- 40 min
Is Prince Frederick a good place to live?
Pros: Home values 4% lower than the state median; unemployment of 2.2%.
Cons: Median household income 22% lower than the Maryland median; an average commute of 40 minutes; a poverty rate of 11%.
The weather is best in May–June and August–September.
Cost of living in Prince Frederick
Housing is the biggest part of the cost of living. In Prince Frederick the median home value is $404,400, 22% higher than the U.S. median. Renters pay a median of $1,377 per month, which is 33.3% of household income. Homeowners with a mortgage pay $2,298 a month in housing costs.
Prince Frederick median household income
The median household income in Prince Frederick is $80,391 and the income per person is $42,779. 11% of residents live below the poverty line (Maryland: 9.4%).
Housing in Prince Frederick: homes for sale and rent
- Housing units
- 1,314
- Owner-occupied
- 47.8%
- Renter-occupied
- 52.2%
- Vacant
- 3.6%Includes seasonal homes
- Median year built
- 2006
- Average household size
- 2.20
Prince Frederick demographics
- Population
- 2,955
- Median age
- 35.9
- Under 18
- 20.2%
- 65 and older
- 18.9%
- Households
- 1,267
- Foreign-born
- 12%
- Veterans
- 8.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Prince Frederick ›
Education in Prince Frederick
22.8% of adults 25 and older in Prince Frederick have a bachelor's degree or higher (Maryland: 43.4%), and 9.9% have a graduate or professional degree.
Jobs and commute in Prince Frederick
- Unemployment rate
- 2.2%State: 4.9%
- Average commute
- 40 minState: 31 min
- Work from home
- 13.3%
- Drive alone
- 68.1%
- Public transit
- 2.3%
- Walk to work
- 3.4%
- Homes with broadband
- 84.6%
Prince Frederick vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Prince Frederick | 2,955 | $80,391 | $404,400 | $1,377 |
| Huntingtown | 2,689 | $185,313 | $589,900 | — |
| Benedict | 148 | $41,118 | — | — |
| Aquasco | 719 | $55,658 | $531,300 | — |
| St. Leonard | 726 | $186,071 | $477,500 | — |
| Golden Beach | 3,830 | $133,194 | $382,700 | — |
| Calvert Beach | 1,074 | $90,000 | $323,300 | — |
| Long Beach | 1,849 | $126,683 | $441,000 | $1,384 |
| Chesapeake Beach | 6,456 | $138,895 | $444,600 | $1,756 |
More for people moving to Prince Frederick
Prince Frederick ZIP code ›Weather and climate ›Living in Prince Frederick: FAQ
What is the median household income in Prince Frederick, MD?
The median household income in Prince Frederick is $80,391, 22% 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 Prince Frederick?
The median home value in Prince Frederick is $404,400, compared with $419,900 in Maryland.
How much is rent in Prince Frederick?
The median gross rent in Prince Frederick is $1,377 per month, about 33.3% of household income.
Is Prince Frederick, MD a good place to live?
Pluses: home values 4% lower than the state median; unemployment of 2.2%. Minuses: median household income 22% lower than the Maryland median; an average commute of 40 minutes; a poverty rate of 11%.
What is the median age in Prince Frederick?
The median age in Prince Frederick is 35.9 years (Maryland: 39.4).
How long is the commute in Prince Frederick?
The average commute to work in Prince Frederick is 40 minutes; 13.3% of workers work from home.
What is the unemployment rate in Prince Frederick?
The unemployment rate in Prince Frederick is 2.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Prince Frederick?
22.8% of adults in Prince Frederick 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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