Cloverly, MD
Population 16,726 · Maryland
About Cloverly, MD
Cloverly is a mid-sized city located in Maryland with a population of 16,726 residents according to the latest US Census Bureau American Community Survey data. The median household income is $146,316 per year, which is 95% above the national median of $75,149. The median age of 42.8 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 Cloverly features a median home value of $652,200, which is 166% above the national median of $244,900. This places Cloverly in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,031, 75% above the national average of $1,163/month. Of the 5,286 total housing units, 87% are owner-occupied (4,515 units) and 13% are renter-occupied (687 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cloverly shows an unemployment rate of 9.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 4.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cloverly have an average one-way commute time of 32.6 minutes.
Education & Demographics
60.6% of Cloverly residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.7% White, 1.2% Hispanic or Latino, 0.7% Black or African American, and 15.9% Asian residents, with 34.6% of the population being foreign-born.
Cost of Living in Cloverly, MD
Compared to national averages, Cloverly has a median household income of $146,316 (95% above the national median of $75,149). Home values average $652,200, which is 166% above the national median. Monthly rent at $2,031 is 75% above the US average of $1,163. Within Maryland, Cloverly's income is 36% above the state average of $107,956, and home values are 62% above the state median of $402,447.
Why Live in Cloverly, MD?
Cloverly offers a strong local economy with a median household income of $146,316, well above the national average, and a well-educated community where 60.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $652,200. However, Cloverly’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cloverly has a population of 16,726 with a median age of 42.8 years. Compare Cloverly with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Cloverly
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Aberdeen | 16,831 | $76,019 | $239,000 | Compare |
| Damascus | 16,864 | $153,994 | $496,500 | Compare |
| Glenmont | 16,529 | $115,058 | $542,300 | Compare |
| White Oak | 16,458 | $80,118 | $520,200 | Compare |
| Ferndale | 17,076 | $92,391 | $325,400 | Compare |
| Easton | 17,202 | $73,460 | $348,400 | Compare |
| Adelphi | 17,210 | $80,833 | $401,700 | Compare |
| Takoma Park | 17,522 | $97,872 | $721,500 | 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 Cloverly With Other Cities
Frequently Asked Questions about Cloverly
What is the population of Cloverly, MD?
The population of Cloverly, MD is 16,726 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Maryland.
What is the median household income in Cloverly?
The median household income in Cloverly, MD is $146,316 per year, which is 95% above the national median of $75,149.
What is the median home value in Cloverly?
The median home value in Cloverly, MD is $652,200, which is 166% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cloverly?
The median monthly rent in Cloverly, MD is $2,031, which is 75% above the national average of $1,163/month.
What is the unemployment rate in Cloverly?
The unemployment rate in Cloverly, MD is 9.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cloverly, MD a good place to live?
Cloverly offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 16,726 and a median age of 42.8, the city appeals to a broad range of residents.
How educated is Cloverly, MD?
60.6% of residents in Cloverly aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Cloverly?
Key cost-of-living indicators for Cloverly, MD: median home value is $652,200 (166% above national), median rent is $2,031/month, and median household income is $146,316. The home-value-to-income ratio is 4.5x, a moderate figure by national standards.
What is the poverty rate in Cloverly?
The poverty rate in Cloverly, MD is 4.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cloverly, MD?
Cloverly's population is 0.7% White, 1.2% Hispanic or Latino, 0.7% Black or African American, 15.9% Asian, and 28.7% two or more races. 34.6% of residents are foreign-born.