According to statistics, the population in Elkton, MD amounts to 15,651, which shows decline 0% compared to the previous year. The median age of the city’s residents is 35. The average household income is $55,609, shifting growth 6% from the past year, and the average property value in Elkton, MD growth 3% to $203,700 throughout the year.
|Number Of Employees||6,575|
|Median Property Value||$203,700|
The average household income in Elkton, MD grew from $52,515 to $55,609 in the past year. This data is an estimate based upon 5,329 households in Elkton, MD . The chart below presents how household income is distributed in Elkton, MD in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Elkton, MD shifted from $197,500 to $203,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Elkton, MD in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Elkton, MD properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Elkton, MD compared to median property taxes around the country. The prevalent amount of property taxes in Elkton, MD equals $3000, which is less than the national average.
|Apartment Size||Sep||vs Last Month|
|2 bed apartments||$217,500||N/A|
|3 bed apartments||$198,740||-15.8%|
|4+ bed apartments||$476,980||+3%|
During Sep 2021, the average price for an apartment in/near Elkton, MD decreased by 2.8% to $337,860.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $217,500. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $198,740. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $476,980 for a big-family home.
|Listing Type||Sep||vs Last Month|
|Houses for sale||$400,528||+15.2%|
|Townhouses for sale||$191,633||N/A|
According to statistics, average house is still $400,528 with no significant changes this month. Value of the townhouses didn’t change, the price still starts at $191,633.
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