Living in Romancoke, Maryland
Cost of living, income, home prices, rent and demographics of Romancoke · Census data 2020–2024
Romancoke has 2,064 residents with a median age of 43.9. The median household income is $127,670 (23% higher than the Maryland median), the median home value is $450,900, the median rent is $2,656/month.
Romancoke at a glance
- Population
- 2,064
- Median age
- 43.9State: 39.4
- Median household income
- $127,670State: $103,678
- Median home value
- $450,900State: $419,900
- Median rent
- $2,656/moState: $1,705
- Homeowners
- 94.6%
- Bachelor's degree or higher
- 34.9%
- Average commute
- 46 min
Is Romancoke a good place to live?
Pros: Median household income 23% higher than the Maryland median; a poverty rate of 0.6%.
Cons: Home values 7% higher than the state median; an average commute of 46 minutes; unemployment of 11.7%.
The weather is best in May–June and August–September.
Cost of living in Romancoke
Housing is the biggest part of the cost of living. In Romancoke the median home value is $450,900, 36% higher than the U.S. median. Renters pay a median of $2,656 per month, which is 18.6% of household income. Homeowners with a mortgage pay $2,307 a month in housing costs.
Romancoke median household income
The median household income in Romancoke is $127,670 and the income per person is $55,447. 0.6% of residents live below the poverty line (Maryland: 9.4%).
Housing in Romancoke: homes for sale and rent
- Housing units
- 809
- Owner-occupied
- 94.6%
- Renter-occupied
- 5.4%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.55
Romancoke demographics
- Population
- 2,064
- Median age
- 43.9
- Under 18
- 22.1%
- 65 and older
- 26.4%
- Households
- 809
- Foreign-born
- 1.2%
- Veterans
- 9.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Romancoke ›
Education in Romancoke
34.9% of adults 25 and older in Romancoke have a bachelor's degree or higher (Maryland: 43.4%), and 12.5% have a graduate or professional degree.
Jobs and commute in Romancoke
- Unemployment rate
- 11.7%State: 4.9%
- Average commute
- 46 minState: 31 min
- Work from home
- 18.1%
- Drive alone
- 73.8%
- Public transit
- 0.8%
- Walk to work
- 0%
- Homes with broadband
- 90.5%
Romancoke vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Romancoke | 2,064 | $127,670 | $450,900 | $2,656 |
| Stevensville | 8,802 | $115,357 | $481,200 | $1,771 |
| Chester | 4,797 | $102,399 | $487,400 | $1,878 |
| Highland Beach | 107 | $169,375 | $767,900 | — |
| Annapolis Neck | 12,032 | $173,879 | $739,100 | $2,489 |
| Mayo | 8,694 | $155,300 | $604,900 | $2,372 |
| Kent Narrows | 507 | $139,259 | $673,400 | — |
| Naval Academy | 3,006 | $122,432 | — | $2,918 |
| Annapolis | 40,720 | $113,860 | $548,900 | $1,860 |
More for people moving to Romancoke
Romancoke ZIP code ›Weather and climate ›Living in Romancoke: FAQ
What is the median household income in Romancoke, MD?
The median household income in Romancoke is $127,670, 23% 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 Romancoke?
The median home value in Romancoke is $450,900, compared with $419,900 in Maryland.
How much is rent in Romancoke?
The median gross rent in Romancoke is $2,656 per month, about 18.6% of household income.
Is Romancoke, MD a good place to live?
Pluses: median household income 23% higher than the Maryland median; a poverty rate of 0.6%. Minuses: home values 7% higher than the state median; an average commute of 46 minutes; unemployment of 11.7%.
What is the median age in Romancoke?
The median age in Romancoke is 43.9 years (Maryland: 39.4).
How long is the commute in Romancoke?
The average commute to work in Romancoke is 46 minutes; 18.1% of workers work from home.
What is the unemployment rate in Romancoke?
The unemployment rate in Romancoke is 11.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Romancoke?
34.9% of adults in Romancoke 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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