Here are some of the most affluent cities in Maryland:
- Poolesville – Median Household Income of $183,700.
- Mount Airy – Median Household Income of $125,365.
- Bowie – Median Household Income of $116,796.
- Rockville – Median Household Income of $111,797.
- Chesapeake Beach – Median Household Income of $111,379.
Where do wealthy live in Maryland?
The 10 Richest Cities in Maryland
- Bowie.
- Chesapeake Beach.
- Rockville.
- La Plata.
- Walkersville.
- Annapolis.
- Hampstead.
- Bel Air.
What is the richest town in Maryland?
In Maryland, Potomac is home to more billionaires who control more wealth than any other city. A total of two billionaires live in Potomac with a combined net worth of $9 billion. Of Potomac residents with a minimum 10-figure net worth, Mitchell Rales is the wealthiest, worth an estimated $1.4 billion.
Are there rich people in Maryland?
As one of the richest states in the US, Maryland has some of the highest incomes and the lowest poverty and unemployment rates around. Obviously, not everyone is filthy rich, but there’s a good number of Marylanders who are.
Is Potomac MD a wealthy area?
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 considered wealthy in Maryland?
To be considered rich in the Baltimore, Maryland, metro area you need to make over $154,788.
What is the wealthiest County in MD?
Howard County
Howard County is the wealthiest locality in Maryland and the sixth wealthiest nationwide, according to the U.S. News & World Report. The report analyzed median household incomes and ranked the top 15 localities with the highest numbers.
Why is Maryland so wealthy?
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.
Is Rockville MD a rich area?
Website Business Insider uses U.S. Census data to compile ranking. A couple of weeks after Money magazine named Rockville the best place to live in Maryland, the city and surrounding communities were ranked the 18th richest suburb in the country by the website Business Insider.
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.
Do any billionaires live in Maryland?
Billionaires are ranked by net worth as of April 30. Forbes lists 11 billionaires in Maryland.
What are the wealthiest zip codes in Maryland?
10 Richest Maryland Zip Codes
| Rank | Zip Code | Mean Income |
|---|---|---|
| 1 | 21737 | $308,594 |
| 2 | 20818 | $286,771 |
| 3 | 20816 | $285,164 |
| 4 | 20817 | $283,980 |
How many millionaires are in Maryland?
Maryland ranked fourth on the annual Phoenix Wealth & Affluent Monitor. In Maryland, there are 200,074 millionaire households, for a ratio to total households of 8.85 percent, according to the Phoenix Marketing International report that tracks high net-worth households. Our state slipped three places since 2017.
Is Great Falls rich?
(The Center Square) – Great Falls was ranked the richest town in Virginia in a 24/7 Wall St. analysis examining small, affluent communities where most households earn at least three times the state’s median annual household income.
Where do the super rich live in USA?
As of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78.
Is Bethesda a rich neighborhood?
2. According to Higley, the Bradley Manor-Longwood neighborhood of Bethesda — just inside the Beltway where Bradley Boulevard crosses over — is the second most wealthy neighborhood in America, with a mean household income of $599,440.
What is upper class salary in Maryland?
How much does an Upper Class make in Maryland? As of Aug 3, 2022, the average annual pay for the Upper Class jobs category in Maryland is $60,122 a year. Just in case you need a simple salary calculator, that works out to be approximately $28.90 an hour. This is the equivalent of $1,156/week or $5,010/month.
What is upper middle class in Maryland?
A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.
What is middle class salary in Maryland?
How much you have to earn to be middle class in every state
| State | Middle-class income | Median household income |
|---|---|---|
| Maryland | $71,844 | $86,738 |
| Utah | $71,034 | $75,780 |
| Nevada | $70,752 | $63,276 |
| Virginia | $67,197 | $76,456 |
Is Maryland a poor state?
Maryland is ranked as the No. 1 richest state in America due to its median household income, poverty rate, and unemployment.
Is it expensive to live in Maryland?
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.