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ZipNumbers

Maryland · Census place 08625

Boonsboro town, MD

Quick answer

Boonsboro town has 3,799 residents, ranking #232 of 536 places in Maryland. Median household income is $93,730, the median home is worth $342,600 and median gross rent runs $1,197 a month.

Population
3,799Boonsboro town residents
Median household income
$93,730Past 12 months, inflation adjusted
Median home value
$342,600Owner-occupied units
Median gross rent
$1,197Rent plus utilities, monthly
Median age
38.8 yrsAll residents
Homeownership rate
76%Owner-occupied households

What the numbers mean in Boonsboro town

Housing cost measured against local earnings.

A household earning the Boonsboro town median would spend about 15.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.2% of residents and 76% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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