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Maryland · Census place 23700

Drum Point CDP, MD

Quick answer

Drum Point CDP has 3,219 residents, ranking #238 of 536 places in Maryland. Median household income is $133,059, the median home is worth $383,200 and median gross rent runs $1,714 a month.

Population
3,219Drum Point CDP residents
Median household income
$133,059Past 12 months, inflation adjusted
Median home value
$383,200Owner-occupied units
Median gross rent
$1,714Rent plus utilities, monthly
Median age
37.8 yrsAll residents
Homeownership rate
90.6%Owner-occupied households

What the numbers mean in Drum Point CDP

Housing cost measured against local earnings.

A household earning the Drum Point CDP median would spend about 15.5% 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 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.6% of residents and 90.6% 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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