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Maryland · Census place 51940

Melwood CDP, MD

Quick answer

Melwood CDP has 3,734 residents, ranking #234 of 536 places in Maryland. Median household income is $83,917, the median home is worth $430,700 and median gross rent runs $1,277 a month.

Population
3,734Melwood CDP residents
Median household income
$83,917Past 12 months, inflation adjusted
Median home value
$430,700Owner-occupied units
Median gross rent
$1,277Rent plus utilities, monthly
Median age
43 yrsAll residents
Homeownership rate
82.4%Owner-occupied households

What the numbers mean in Melwood CDP

Housing cost measured against local earnings.

A household earning the Melwood CDP median would spend about 18.3% 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 5.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.2% of residents and 82.4% 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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