Colesville, Maryland Median Income

Colesville, Maryland has a population of 14,947, with a median household income of $78,900.

Current median income data for Colesville.

$78,900

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Population

14,947

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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

222.00 Mbps

Colesville is a small local 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.

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

Population Overview

Colesville has a population of 14,947, which is higher than the state average. This indicates a relatively larger urban presence within Maryland.

Income and Economy

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

Housing Market

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

Employment and Safety

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

City Comparison

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

Colesville continues to play a role in shaping regional trends in Maryland, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Colesville

What is the population of Colesville?

The population of Colesville is approximately 14,947.

Is Colesville a good place to live?

Colesville 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 Colesville?

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

How expensive is housing in Colesville?

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