Naval Academy, Maryland Unemployment

Naval Academy, Maryland has a population of 4,900, with a median household income of $78,900.

Current unemployment data for Naval Academy.

4.60%

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Population

4,900

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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

202.00 Mbps

Naval Academy 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, Naval Academy provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Naval Academy has a population of 4,900, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

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

Housing Market

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

Employment and Safety

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

City Comparison

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

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

Frequently Asked Questions about Naval Academy

What is the population of Naval Academy?

The population of Naval Academy is approximately 4,900.

Is Naval Academy a good place to live?

Naval Academy 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 Naval Academy?

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

How expensive is housing in Naval Academy?

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