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Maryland · Census place 24450

East New Market town, MD

Quick answer

East New Market town has 324 residents, ranking #418 of 536 places in Maryland. Median household income is $40,417, the median home is worth $244,200 and median gross rent runs $1,125 a month.

Population
324East New Market town residents
Median household income
$40,417Past 12 months, inflation adjusted
Median home value
$244,200Owner-occupied units
Median gross rent
$1,125Rent plus utilities, monthly
Median age
45 yrsAll residents
Homeownership rate
70.6%Owner-occupied households

What the numbers mean in East New Market town

Housing cost measured against local earnings.

A household earning the East New Market town median would spend about 33.4% 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 6.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22.2% of residents and 70.6% 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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