Broomes Island, MD
Population 422 · Maryland
About Broomes Island, MD
Broomes Island is a small community located in Maryland with a population of 422 residents according to the latest US Census Bureau American Community Survey data. The median household income is $191,944 per year, which is 155% above the national median of $75,149. The median age of 49.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Broomes Island features a median home value of $478,900, which is 96% above the national median of $244,900. This places Broomes Island in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 203 total housing units, 100% are owner-occupied (160 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Broomes Island shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Broomes Island have an average one-way commute time of 61.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
27.3% of Broomes Island 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Broomes Island Ranks in Maryland
Cost of Living in Broomes Island, MD
Compared to national averages, Broomes Island has a median household income of $191,944 (155% above the national median of $75,149). Home values average $478,900, which is 96% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Maryland, Broomes Island's income is 78% above the state average of $107,956, and home values are 19% above the state median of $402,447.
Why Live in Broomes Island, MD?
Broomes Island offers a strong local economy with a median household income of $191,944, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $478,900. However, Broomes Island’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Broomes Island has a population of 422 with a median age of 49.9 years. Compare Broomes Island with other cities to see how it stacks up, or explore all cities in Maryland.
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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 Broomes Island
What is the population of Broomes Island, MD?
The population of Broomes Island, MD is 422 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Maryland.
What is the median household income in Broomes Island?
The median household income in Broomes Island, MD is $191,944 per year, which is 155% above the national median of $75,149.
What is the median home value in Broomes Island?
The median home value in Broomes Island, MD is $478,900, which is 96% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Broomes Island?
The median monthly rent in Broomes Island, MD is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Broomes Island?
The unemployment rate in Broomes Island, MD is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Broomes Island, MD a good place to live?
Broomes Island offers above-average incomes, a competitive housing market, and a strong job market. With a population of 422 and a median age of 49.9, the city appeals to established professionals and retirees.
How educated is Broomes Island, MD?
27.3% of residents in Broomes Island 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 Broomes Island?
Key cost-of-living indicators for Broomes Island, MD: median home value is $478,900 (96% above national), median rent is $0/month, and median household income is $191,944. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Broomes Island?
The poverty rate in Broomes Island, MD is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Broomes Island, MD?
Broomes Island's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.