College Park, Maryland Median Income

College Park, Maryland has a population of 34,740, with a median household income of $78,900.

Current median income data for College Park.

$78,900

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Population

34,740

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Median Income

$78,900

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Unemployment

4.60%

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Housing Price

$389,500

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Crime Rate

3.90

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Internet Speed

252.00 Mbps

College Park is a smaller urban community located in Maryland. The city has a population that is above the average city population in Maryland, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

College Park is a notable city in Maryland, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

College Park has a population of 34,740, which is higher than the state average. This indicates a relatively larger urban presence within Maryland.

Income and Economy

The median household income in College Park is $78,900, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in College Park is about $389,500, making it relatively affordable compared to many cities in Maryland.

Employment and Safety

The unemployment rate in College Park is 4.60%, slightly above the state average, suggesting moderate employment conditions. Crime rates in College Park are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Maryland, College Park shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Maryland, College Park contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about College Park

What is the population of College Park?

The population of College Park is approximately 34,740.

Is College Park a good place to live?

College Park offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in College Park?

The median household income in College Park is around $78,900.

How expensive is housing in College Park?

The average housing price in College Park is approximately $389,500.