What Is The Most Expensive Area In Maryland?

Top ten most expensive cities in Maryland

City Average Price
#1 Potomac $1,503,415
#2 Bethesda $1,215,119
#3 Easton $884,936
#4 Annapolis $751,179

What is the most expensive county to live in Maryland?

Montgomery
Maryland is the richest state in the United States of America, with a median household income of $69,272 according to the 2010 census.
Maryland counties ranked by per capita income.

Rank 1
County Montgomery
Income Per Capita (2014 Dollars) $48,916
Number of Households 362,608

Where are the most expensive houses in Maryland?

Known as Fairview Estate, the compound in Easton, MD, includes two main homes, several smaller guesthouses, and a number of other outbuildings. The estate spans 76 acres on the Miles River and includes a zoning variance. It’s truly a one-of-a-kind assemblage of luxurious and historic residences.

What is the most expensive zip code in MD?

Most Expensive Zip Codes in Maryland

# Zip code Location
1 21056 Gibson Island
2 20816 Bethesda
3 20815 Chevy Chase
4 20817 Bethesda

Is Maryland an expensive place to live?

Maryland is the seventh most expensive state in the United States. Overall, prices are 24% higher than the national average, while housing prices are 66% higher. The typical single-family home in the state costs $366,581.

What County in Maryland has the most millionaires?

More than 5,000 live in Baltimore and Montgomery counties. Montgomery County is all about the money. More millionaires filed taxes in the county than any other jurisdiction in Maryland in 2014, the latest year for which data is available.

What’s the poorest city in Maryland?

Baltimore City has the highest poverty rate in Maryland, at 21.8% of its population, while Calvert County has the lowest, at 5.1%. The areas with the highest rates of poverty are Baltimore City and Somerset and Allegany counties.

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What is the biggest house in Maryland?

Norton Manor, Maryland
Once the largest home in Maryland, the Government House in Annapolis has been bumped off its pinnacle by Norton Manor, a 47,000-square-foot modern mansion in Potomac, Maryland.

What is the most expensive house in Baltimore?

Maryland’s most expensive home is a $40 million riverfront compound – Baltimore Sun.

What is considered wealthy in Maryland?

To be considered rich in the Baltimore, Maryland, metro area you need to make over $154,788.

Is Potomac Maryland wealthy?

In 2018, data from the American Community Survey revealed that Potomac was the sixth-wealthiest city in the United States. Many Potomac residents work in nearby Washington, D.C. and Northern Virginia.

What is middle income in Maryland?

$87,063
Table

Population
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $87,063
Per capita income in past 12 months (in 2020 dollars), 2016-2020 $43,352
Persons in poverty, percent  9.0%

What is the safest place to live in Maryland?

Safest Cities in Maryland, 2019

Rank City Safety Index
1 Bel Air 0.57
2 Havre de Grace 0.51
3 Easton 0.38
4 Ocean Pines 0.33

Where should you not live in Maryland?

Here Are The 10 Most Dangerous Towns In Maryland To Live In

  • 1) Baltimore. Baltimore, MD, USA.
  • 2) Ocean City. Ocean City, MD, USA.
  • 3) Elkton. Elkton, MD 21921, USA.
  • 4) Pocomoke City. Pocomoke City, MD 21851, USA.
  • 5) Salisbury. Salisbury, MD, USA.
  • 6) Bladensburg. Bladensburg, MD, USA.
  • 7) Suitland.
  • 8) Cambridge.

What is the cheapest city to live in MD?

Most Affordable Places to Live in Maryland

  • Arbutus.
  • Bel Air.
  • Brunswick.
  • Easton.
  • Glenarden.
  • White Marsh.
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Who is richest person in Maryland?

Richest billionaires in Maryland

  • #8. Keith Dunleavy & family.
  • #7. Bernard Saul II.
  • #6. David Rubenstein.
  • #5. Dan Snyder.
  • #4. Jim Davis.
  • #3. Ted Lerner & family.
  • #2. Mitchell Rales. – Net worth: $5.5 billion (#472 wealthiest in the world)
  • #1. Stephen Bisciotti. – Net worth: $5.9 billion (#428 wealthiest in the world)

Why is Maryland so rich?

Its wealth is largely due to its proximity to Washington, D.C., where many of the state’s residents work. That said, Maryland is home to the National Security Agency and other government agencies, like the National Institutes of Health, as well as the world’s largest hotel company: Marriott International.

How many billionaires are in Maryland?

Table

Rank by number of billionaires (9/15/20) State or federal district Billionaires/ State’s 10M pop. (7/19 census) (9/15/20)
13 Maryland 16.54
20 Ohio 5.13
20 Missouri 9.78
17 Virginia 8.20

Is Bel Air Maryland rich?

The per capita income in Bel Air in 2018 was $41,447, which is middle income relative to Maryland, and wealthy relative to the rest of the US. This equates to an annual income of $165,788 for a family of four. However, Bel Air contains both very wealthy and poor people as well.

What is the poorest zip code in Maryland?

Most of Maryland’s poorest ZIP codes are in Baltimore

  • 21223 (West and SW Baltimore): 38.5%
  • 21205 (East Baltimore): 37.1%
  • 21217 (West Baltimore/Bolton Hill): 36.7%
  • 21649 (Marydel, Caroline County): 33.8%
  • 21201 (West Baltimore/Downtown): 30.8%

What is the racial makeup of Baltimore?

Baltimore Demographics
Black or African American: 62.26% White: 29.72% Two or more races: 3.20% Asian: 2.48%