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ZipNumbers

Maryland · Census place 25800

Elkton town, MD

Quick answer

Elkton town has 15,867 residents, ranking #90 of 536 places in Maryland. Median household income is $56,565, the median home is worth $271,700 and median gross rent runs $1,368 a month.

Population
15,867Elkton town residents
Median household income
$56,565Past 12 months, inflation adjusted
Median home value
$271,700Owner-occupied units
Median gross rent
$1,368Rent plus utilities, monthly
Median age
37.4 yrsAll residents
Homeownership rate
48.3%Owner-occupied households

What the numbers mean in Elkton town

Housing cost measured against local earnings.

A household earning the Elkton town median would spend about 29% 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 4.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 19% of residents and 48.3% 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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