Maryland · Census place 47875
Lonaconing town, MD
Quick answer
Lonaconing town has 1,093 residents, ranking #325 of 536 places in Maryland. Median household income is $43,947, the median home is worth $77,600 and median gross rent runs $739 a month.
- Population
- 1,093Lonaconing town residents
- Median household income
- $43,947Past 12 months, inflation adjusted
- Median home value
- $77,600Owner-occupied units
- Median gross rent
- $739Rent plus utilities, monthly
- Median age
- 34 yrsAll residents
- Homeownership rate
- 63.5%Owner-occupied households
What the numbers mean in Lonaconing town
Housing cost measured against local earnings.
A household earning the Lonaconing town median would spend about 20.2% 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 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 26.8% of residents and 63.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Maryland.
- Trappe town 1,112
- Potomac Heights CDP 1,102
- Bowling Green CDP 1,096
- Chevy Chase View town 1,092
- Callaway CDP 1,087
- Highfield-Cascade CDP 1,079
- Church Hill town 1,052
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