Living in Taneytown, Maryland
Cost of living, income, home prices, rent and demographics of Taneytown · Census data 2020–2024
Taneytown has 7,932 residents with a median age of 38.4. The median household income is $87,621 (15% lower than the Maryland median), the median home value is $338,400, the median rent is $1,059/month.
Taneytown at a glance
- Population
- 7,932
- Median age
- 38.4State: 39.4
- Median household income
- $87,621State: $103,678
- Median home value
- $338,400State: $419,900
- Median rent
- $1,059/moState: $1,705
- Homeowners
- 76.9%
- Bachelor's degree or higher
- 23.5%
- Average commute
- 37 min
Is Taneytown a good place to live?
Pros: Home values 19% lower than the state median; unemployment of 4%.
Cons: Median household income 15% lower than the Maryland median; an average commute of 37 minutes; a poverty rate of 11.2%.
The weather is best in May–June and August–September.
Cost of living in Taneytown
Housing is the biggest part of the cost of living. In Taneytown the median home value is $338,400, about the same as the U.S. median. Renters pay a median of $1,059 per month, which is 45.1% of household income. Homeowners with a mortgage pay $2,053 a month in housing costs.
Taneytown median household income
The median household income in Taneytown is $87,621 and the income per person is $40,829. 11.2% of residents live below the poverty line (Maryland: 9.4%).
Housing in Taneytown: homes for sale and rent
- Housing units
- 3,220
- Owner-occupied
- 76.9%
- Renter-occupied
- 23.1%
- Vacant
- 4.7%Includes seasonal homes
- Median year built
- 1993
- Average household size
- 2.55
Taneytown demographics
- Population
- 7,932
- Median age
- 38.4
- Under 18
- 24.5%
- 65 and older
- 21.7%
- Households
- 3,068
- Foreign-born
- 4.7%
- Veterans
- 11.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Taneytown ›
Education in Taneytown
23.5% of adults 25 and older in Taneytown have a bachelor's degree or higher (Maryland: 43.4%), and 10.7% have a graduate or professional degree.
Jobs and commute in Taneytown
- Unemployment rate
- 4%State: 4.9%
- Average commute
- 37 minState: 31 min
- Work from home
- 15.7%
- Drive alone
- 71.2%
- Public transit
- 0%
- Walk to work
- 2.4%
- Homes with broadband
- 90.5%
Taneytown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Taneytown | 7,932 | $87,621 | $338,400 | $1,059 |
| Union Bridge | 1,055 | $76,250 | $293,300 | $1,118 |
| Germany | 2,879 | $102,656 | $338,600 | $1,240 |
| Littlestown | 4,850 | $70,901 | $254,700 | $964 |
| Mount Joy | 3,830 | $93,917 | $345,000 | $1,341 |
| Emmitsburg | 2,845 | $81,250 | $324,300 | $635 |
| New Windsor | 1,400 | $111,250 | $374,000 | — |
| Union | 3,102 | $94,857 | $334,700 | $1,274 |
| Freedom | 1,055 | $120,000 | $440,500 | $866 |
More for people moving to Taneytown
Taneytown ZIP code ›Weather and climate ›Living in Taneytown: FAQ
What is the median household income in Taneytown, MD?
The median household income in Taneytown is $87,621, 15% 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 Taneytown?
The median home value in Taneytown is $338,400, compared with $419,900 in Maryland.
How much is rent in Taneytown?
The median gross rent in Taneytown is $1,059 per month, about 45.1% of household income.
Is Taneytown, MD a good place to live?
Pluses: home values 19% lower than the state median; unemployment of 4%. Minuses: median household income 15% lower than the Maryland median; an average commute of 37 minutes; a poverty rate of 11.2%.
What is the median age in Taneytown?
The median age in Taneytown is 38.4 years (Maryland: 39.4).
How long is the commute in Taneytown?
The average commute to work in Taneytown is 37 minutes; 15.7% of workers work from home.
What is the unemployment rate in Taneytown?
The unemployment rate in Taneytown is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Taneytown?
23.5% of adults in Taneytown 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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