Sykesville, Maryland Unemployment

Sykesville, Maryland has a population of 4,500, with a median household income of $78,900.

Current unemployment data for Sykesville.

4.60%

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Population

4,500

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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

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

Population Overview

Sykesville has a population of 4,500, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

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

Housing Market

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

Employment and Safety

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

City Comparison

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

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

Frequently Asked Questions about Sykesville

What is the population of Sykesville?

The population of Sykesville is approximately 4,500.

Is Sykesville a good place to live?

Sykesville 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 Sykesville?

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

How expensive is housing in Sykesville?

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