Fairlee, Maryland Median Income

Fairlee, Maryland has a population of 529, with a median household income of $78,900.

Current median income data for Fairlee.

$78,900

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Population

529

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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

175.00 Mbps

Fairlee 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.

Situated in Maryland, Fairlee provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Fairlee has a population of 529, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

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

Housing Market

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

Employment and Safety

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

City Comparison

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

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

Frequently Asked Questions about Fairlee

What is the population of Fairlee?

The population of Fairlee is approximately 529.

Is Fairlee a good place to live?

Fairlee 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 Fairlee?

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

How expensive is housing in Fairlee?

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