College Park, MD
Population 34,397 · Maryland
About College Park, MD
College Park is a mid-sized city located in Maryland with a population of 34,397 residents according to the latest US Census Bureau American Community Survey data. The median household income is $74,867 per year, which is 0% below the national median of $75,149. The median age of 21.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in College Park features a median home value of $429,000, which is 75% above the national median of $244,900. This places College Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,846, 59% above the national average of $1,163/month. Of the 10,354 total housing units, 38% are owner-occupied (3,506 units) and 62% are renter-occupied (5,677 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in College Park shows an unemployment rate of 7.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 29.3%, above the national average of 12.4%. Workers in College Park have an average one-way commute time of 24.4 minutes.
Education & Demographics
49.4% of College Park 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 1.3% White, 1.5% Hispanic or Latino, 1.0% Black or African American, and 14.8% Asian residents, with 23.9% of the population being foreign-born.
How College Park Ranks in Maryland
Cost of Living in College Park, MD
Compared to national averages, College Park has a median household income of $74,867 (0% below the national median of $75,149). Home values average $429,000, which is 75% above the national median. Monthly rent at $1,846 is 59% above the US average of $1,163. Within Maryland, College Park's income is 31% below the state average of $107,956, and home values are 7% above the state median of $402,447.
Why Live in College Park, MD?
College Park offers a well-educated community where 49.4% of residents hold a bachelor’s degree or higher, and short commute times averaging just 24.4 minutes.
Potential considerations include median household income ($74,867) that falls below the national average, and a competitive housing market where the typical home costs $429,000. However, College Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
College Park has a population of 34,397 with a median age of 21.6 years. Compare College Park with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near College Park
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pikesville | 34,253 | $97,218 | $404,100 | Compare |
| Montgomery Village | 34,161 | $96,487 | $367,100 | Compare |
| Chillum | 35,163 | $78,513 | $383,900 | Compare |
| Owings Mills | 35,626 | $94,046 | $335,000 | Compare |
| Salisbury | 33,080 | $56,402 | $217,500 | Compare |
| Randallstown | 35,975 | $88,544 | $306,000 | Compare |
| Olney | 36,000 | $171,766 | $632,400 | Compare |
| Pasadena | 32,717 | $119,393 | $406,900 | 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 College Park With Other Cities
Frequently Asked Questions about College Park
What is the population of College Park, MD?
The population of College Park, MD is 34,397 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 College Park?
The median household income in College Park, MD is $74,867 per year, which is 0% below the national median of $75,149.
What is the median home value in College Park?
The median home value in College Park, MD is $429,000, which is 75% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in College Park?
The median monthly rent in College Park, MD is $1,846, which is 59% above the national average of $1,163/month.
What is the unemployment rate in College Park?
The unemployment rate in College Park, MD is 7.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is College Park, MD a good place to live?
College Park offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 34,397 and a median age of 21.6, the city appeals to young professionals and families.
How educated is College Park, MD?
49.4% of residents in College Park 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 College Park?
Key cost-of-living indicators for College Park, MD: median home value is $429,000 (75% above national), median rent is $1,846/month, and median household income is $74,867. The home-value-to-income ratio is 5.7x, a moderate figure by national standards.
What is the poverty rate in College Park?
The poverty rate in College Park, MD is 29.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is College Park, MD?
College Park's population is 1.3% White, 1.5% Hispanic or Latino, 1.0% Black or African American, 14.8% Asian, and 23.8% two or more races. 23.9% of residents are foreign-born.