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ZipNumbers

Maryland · Census place 31525

Garrett Park town, MD

Quick answer

Garrett Park town has 872 residents, ranking #344 of 536 places in Maryland. Median household income is $250,001, the median home is worth $994,200 and median gross rent runs $2,750 a month.

Population
872Garrett Park town residents
Median household income
$250,001Past 12 months, inflation adjusted
Median home value
$994,200Owner-occupied units
Median gross rent
$2,750Rent plus utilities, monthly
Median age
52.7 yrsAll residents
Homeownership rate
95%Owner-occupied households

What the numbers mean in Garrett Park town

Housing cost measured against local earnings.

A household earning the Garrett Park town median would spend about 13.2% 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 4.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 0.9% of residents and 95% 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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