Boonsboro, MD
Population 3,799 · Maryland
About Boonsboro, MD
Boonsboro is a small town located in Maryland with a population of 3,799 residents according to the latest US Census Bureau American Community Survey data. The median household income is $93,730 per year, which is 25% above the national median of $75,149. The median age of 38.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Boonsboro features a median home value of $342,600, which is 40% above the national median of $244,900. This positions Boonsboro in a moderately priced market relative to the rest of the country. Median monthly rent is $1,197, 3% above the national average of $1,163/month. Of the 1,530 total housing units, 76% are owner-occupied (1,111 units) and 24% are renter-occupied (351 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Boonsboro shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 5.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Boonsboro have an average one-way commute time of 34.4 minutes.
Education & Demographics
24.5% of Boonsboro residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.2% Hispanic or Latino, 0.3% Black or African American, and 0.0% Asian residents, with 2.1% of the population being foreign-born.
Cost of Living in Boonsboro, MD
Compared to national averages, Boonsboro has a median household income of $93,730 (25% above the national median of $75,149). Home values average $342,600, which is 40% above the national median. Monthly rent at $1,197 is 3% above the US average of $1,163. Within Maryland, Boonsboro's income is 13% below the state average of $107,956, and home values are 15% below the state median of $402,447.
Why Live in Boonsboro, MD?
Boonsboro offers a strong local economy with a median household income of $93,730, well above the national average, and a low poverty rate of 5.2%, better than the national average.
Boonsboro has a population of 3,799 with a median age of 38.8 years. Compare Boonsboro with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Boonsboro
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brookmont | 3,825 | $250,001 | $1,280,700 | Compare |
| Brentwood | 3,753 | $70,573 | $413,100 | Compare |
| Melwood | 3,734 | $83,917 | $430,700 | Compare |
| Brown Station | 3,918 | $153,750 | $449,700 | Compare |
| Golden Beach | 3,953 | $140,313 | $376,200 | Compare |
| Pleasant Hills | 3,955 | $143,068 | $480,800 | Compare |
| Indian Head | 3,982 | $84,898 | $258,900 | Compare |
| Friendship Heights Village | 3,991 | $110,199 | $473,400 | 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.
Compare Boonsboro With Other Cities
Frequently Asked Questions about Boonsboro
What is the population of Boonsboro, MD?
The population of Boonsboro, MD is 3,799 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Maryland.
What is the median household income in Boonsboro?
The median household income in Boonsboro, MD is $93,730 per year, which is 25% above the national median of $75,149.
What is the median home value in Boonsboro?
The median home value in Boonsboro, MD is $342,600, which is 40% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Boonsboro?
The median monthly rent in Boonsboro, MD is $1,197, which is 3% above the national average of $1,163/month.
What is the unemployment rate in Boonsboro?
The unemployment rate in Boonsboro, MD is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Boonsboro, MD a good place to live?
Boonsboro offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,799 and a median age of 38.8, the city appeals to a broad range of residents.
How educated is Boonsboro, MD?
24.5% of residents in Boonsboro aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Boonsboro?
Key cost-of-living indicators for Boonsboro, MD: median home value is $342,600 (40% above national), median rent is $1,197/month, and median household income is $93,730. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Boonsboro?
The poverty rate in Boonsboro, MD is 5.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Boonsboro, MD?
Boonsboro's population is 0.0% White, 0.2% Hispanic or Latino, 0.3% Black or African American, 0.0% Asian, and 5.4% two or more races. 2.1% of residents are foreign-born.