Pomfret, Maryland Unemployment

Pomfret, Maryland has a population of 520, with a median household income of $78,900.

Current unemployment data for Pomfret.

4.60%

👥

Population

520

💰

Median Income

$78,900

📉

Unemployment

4.60%

🏠

Housing Price

$389,500

🚨

Crime Rate

3.90

🌐

Internet Speed

175.00 Mbps

Pomfret 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.

Pomfret, located in Maryland, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Pomfret has a population of 520, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

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

Housing Market

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

Employment and Safety

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

City Comparison

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

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

Frequently Asked Questions about Pomfret

What is the population of Pomfret?

The population of Pomfret is approximately 520.

Is Pomfret a good place to live?

Pomfret 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 Pomfret?

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

How expensive is housing in Pomfret?

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