Maryland · Census place 50965
Martin's Additions village, MD
Quick answer
Martin's Additions village has 1,019 residents, ranking #333 of 536 places in Maryland. Median household income is $250,001, the median home is worth $1,454,900 and median gross rent runs $3,501 a month.
- Population
- 1,019Martin's Additions village residents
- Median household income
- $250,001Past 12 months, inflation adjusted
- Median home value
- $1,454,900Owner-occupied units
- Median gross rent
- $3,501Rent plus utilities, monthly
- Median age
- 46.2 yrsAll residents
- Homeownership rate
- 98.2%Owner-occupied households
What the numbers mean in Martin's Additions village
Housing cost measured against local earnings.
A household earning the Martin's Additions village median would spend about 16.8% 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 5.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.7% of residents and 98.2% 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.
- Morningside town 1,031
- Algonquin CDP 1,027
- Somerset town 1,020
- Queenstown town 990
- Chevy Chase Section Three village 985
- Potomac Park CDP 974
- Grantsville town 970
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