Annapolis, MD
Population 40,744 · Maryland
About Annapolis, MD
Annapolis is a mid-sized city in Maryland with a population of 40,744 residents. The median household income is $104,257 per year, which is above the national average. The median age in Annapolis is 40.9 years.
Housing in Annapolis has a median home value of $510,200 and median monthly rent of $1,855. Of the 19,186 total housing units, the majority are owner-occupied, with 10,487 owner-occupied and 7,036 renter-occupied units.
The unemployment rate in Annapolis is 4.0% and the poverty rate is 7.2%. 53.7% of residents hold a bachelor's degree or higher. The average commute time is 28.7 minutes.
How Annapolis Ranks in Maryland
Cost of Living in Annapolis, MD
Compared to national averages, Annapolis has a median household income of $104,257 (39% above the national median of $75,149). Home values average $510,200, which is 108% above the national median. Monthly rent at $1,855 is 60% above the US average of $1,163. Within Maryland, Annapolis's income is 3% below the state average of $107,956, and home values are 27% above the state median of $402,447.
Why Live in Annapolis, MD?
Annapolis offers a strong local economy with a median household income of $104,257, well above the national average, and a well-educated community where 53.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $510,200. However, Annapolis’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Annapolis has a population of 40,744 with a median age of 40.9 years. Compare Annapolis with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Annapolis
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Essex | 40,670 | $67,082 | $253,500 | Compare |
| Woodlawn CDP (Baltimore County), Maryland | 40,476 | $78,591 | $269,800 | Compare |
| Severna Park | 39,499 | $168,091 | $633,600 | Compare |
| Catonsville | 42,717 | $110,051 | $405,800 | Compare |
| Clinton | 38,756 | $120,967 | $400,300 | Compare |
| Hagerstown | 43,490 | $49,957 | $207,700 | Compare |
| Olney | 36,000 | $171,766 | $632,400 | Compare |
| Randallstown | 35,975 | $88,544 | $306,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Annapolis
What is the population of Annapolis, MD?
The population of Annapolis, MD is 40,744 according to the latest Census data.
What is the median household income in Annapolis?
The median household income in Annapolis, MD is $104,257 per year.
What is the median home value in Annapolis?
The median home value in Annapolis, MD is $510,200.
What is the average rent in Annapolis?
The median monthly rent in Annapolis, MD is $1,855.
What is the unemployment rate in Annapolis?
The unemployment rate in Annapolis, MD is 4.0%.