Living in Savage, Maryland
Cost of living, income, home prices, rent and demographics of Savage · Census data 2020–2024
Savage has 8,239 residents with a median age of 37.1. The median household income is $116,895 (13% higher than the Maryland median), the median home value is $424,300, the median rent is $2,053/month.
Savage at a glance
- Population
- 8,239
- Median age
- 37.1State: 39.4
- Median household income
- $116,895State: $103,678
- Median home value
- $424,300State: $419,900
- Median rent
- $2,053/moState: $1,705
- Homeowners
- 58.6%
- Bachelor's degree or higher
- 51.8%
- Average commute
- 24 min
Is Savage a good place to live?
Pros: Median household income 13% higher than the Maryland median; an average commute of 24 minutes; unemployment of 4.8%; a poverty rate of 5.6%.
Cons: Home values about the same as the state median.
The weather is best in May and August to October.
Cost of living in Savage
Housing is the biggest part of the cost of living. In Savage the median home value is $424,300, 28% higher than the U.S. median. Renters pay a median of $2,053 per month, which is 29.1% of household income. Homeowners with a mortgage pay $2,596 a month in housing costs.
Savage median household income
The median household income in Savage is $116,895 and the income per person is $54,134. 5.6% of residents live below the poverty line (Maryland: 9.4%).
Housing in Savage: homes for sale and rent
- Housing units
- 3,092
- Owner-occupied
- 58.6%
- Renter-occupied
- 41.4%
- Vacant
- 2.7%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.74
Savage demographics
- Population
- 8,239
- Median age
- 37.1
- Under 18
- 26.7%
- 65 and older
- 7.9%
- Households
- 3,007
- Foreign-born
- 15.8%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Savage ›
Education in Savage
51.8% of adults 25 and older in Savage have a bachelor's degree or higher (Maryland: 43.4%), and 24.9% have a graduate or professional degree.
Jobs and commute in Savage
- Unemployment rate
- 4.8%State: 4.9%
- Average commute
- 24 minState: 31 min
- Work from home
- 17.8%
- Drive alone
- 76.5%
- Public transit
- 0.8%
- Walk to work
- 0%
- Homes with broadband
- 94.7%
Savage vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Savage | 8,239 | $116,895 | $424,300 | $2,053 |
| North Laurel | 25,563 | $122,949 | $450,100 | $2,031 |
| Jessup | 9,931 | $128,851 | $462,000 | $2,187 |
| Maryland City | 19,186 | $117,337 | $424,900 | $2,421 |
| Scaggsville | 10,564 | $207,220 | $668,500 | $3,501 |
| Laurel | 29,798 | $100,504 | $385,500 | $1,873 |
| Columbia | 104,338 | $131,490 | $497,400 | $2,042 |
| West Laurel | 4,428 | $164,688 | $541,000 | $2,071 |
| Fulton | 5,677 | $222,039 | $913,100 | $3,074 |
More for people moving to Savage
Savage ZIP code ›Weather and climate ›Living in Savage: FAQ
What is the median household income in Savage, MD?
The median household income in Savage is $116,895, 13% 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 Savage?
The median home value in Savage is $424,300, compared with $419,900 in Maryland.
How much is rent in Savage?
The median gross rent in Savage is $2,053 per month, about 29.1% of household income.
Is Savage, MD a good place to live?
Pluses: median household income 13% higher than the Maryland median; an average commute of 24 minutes; unemployment of 4.8%; a poverty rate of 5.6%. Minuses: home values about the same as the state median.
What is the median age in Savage?
The median age in Savage is 37.1 years (Maryland: 39.4).
How long is the commute in Savage?
The average commute to work in Savage is 24 minutes; 17.8% of workers work from home.
What is the unemployment rate in Savage?
The unemployment rate in Savage is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Savage?
51.8% of adults in 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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