Drum Point, Maryland Housing

Drum Point, Maryland has a population of 2,868, with a median household income of $78,900.

Current housing data for Drum Point.

$389,500

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Population

2,868

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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

196.00 Mbps

Drum Point is a small local community located in Maryland. The city has a population that is below 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.

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

Population Overview

Drum Point has a population of 2,868, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

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

Housing Market

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

Employment and Safety

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

City Comparison

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

Overall, Drum Point offers a balanced mix of economic conditions, population trends, and housing opportunities within Maryland.

Frequently Asked Questions about Drum Point

What is the population of Drum Point?

The population of Drum Point is approximately 2,868.

Is Drum Point a good place to live?

Drum Point 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 Drum Point?

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

How expensive is housing in Drum Point?

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