What is the population of Fairwood CDP?

Fairwood CDP has 8,108 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #161 of 536 in Maryland.

What is the median household income in Fairwood CDP?

Median household income in Fairwood CDP is $191,319 a year, 143.6% above the national figure of $78,538.

How much does it cost to rent or buy in Fairwood CDP?

Median gross rent is $3,501 a month and the median home value is $695,300, so rent absorbs about 22% of median household income.

Is Fairwood CDP affordable compared with the rest of the US?

Homes cost about 3.6× the local median income here versus roughly 3.9× nationally, so Fairwood CDP is more affordable to buy in than the typical US market, and rent takes 22% of median income against the 30% cost-burden line.

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Maryland · Census place 27580

Fairwood, MD population, income and ZIP codes

Quick answer

The population of the city of Fairwood, Maryland (Fairwood, MD — Census place “Fairwood CDP”) is 8,108 residents, ranking #161 of 536 places in Maryland. Median household income is $191,319, the median home is worth $695,300 and median gross rent runs $3,501 a month. Looking for the Fairwood Maryland ZIP code list? 1 ZIP codes serve Fairwood, MD: 20720.

Population: 8,108Fairwood CDP residents
Median household income: $191,319Past 12 months, inflation adjusted
Median home value: $695,300Owner-occupied units
Median gross rent: $3,501Rent plus utilities, monthly
Median age: 40.7 yrsAll residents
Homeownership rate: 91.5%Owner-occupied households

Fairwood ZIP codes (Maryland)

Census ZCTAs whose delivery area overlaps Fairwood.

The Fairwood MD ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

20720

What the numbers mean in Fairwood CDP

Housing cost measured against local earnings.

A household earning the Fairwood CDP median would spend about 22% 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 3.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.3% of residents and 91.5% of households own their home.

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

Fairwood CDP, MD in context

How this area compares with national benchmarks.

Fairwood CDP is a mid-size town in Maryland, with 8,108 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #161 of 536 ranked by population — larger than 70% of them. The median age here is 40.7 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Fairwood CDP earn a median of $191,319 a year, 143.6% above the national figure of $78,538 and 75% above the $109,026 median for the 332 Maryland cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 3.3% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Fairwood CDP is valued at $695,300, 129.2% above the national figure and 75% above the $397,200 peer median, while median gross rent runs $3,501 a month, 149% above the national figure, or roughly $42,012 across a full year. A household on the local median income would put about 22% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 3.6×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 91.5% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Maryland.

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Frequently asked questions

Common questions about this area.

What is the population of Fairwood CDP?: Fairwood CDP has 8,108 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #161 of 536 in Maryland.
What is the median household income in Fairwood CDP?: Median household income in Fairwood CDP is $191,319 a year, 143.6% above the national figure of $78,538.
How much does it cost to rent or buy in Fairwood CDP?: Median gross rent is $3,501 a month and the median home value is $695,300, so rent absorbs about 22% of median household income.
Is Fairwood CDP affordable compared with the rest of the US?: Homes cost about 3.6× the local median income here versus roughly 3.9× nationally, so Fairwood CDP is more affordable to buy in than the typical US market, and rent takes 22% of median income against the 30% cost-burden line.
How current is this Fairwood CDP data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.