Drum Point, MD
Population 3,219 · Maryland
About Drum Point, MD
Drum Point is a small town located in Maryland with a population of 3,219 residents according to the latest US Census Bureau American Community Survey data. The median household income is $133,059 per year, which is 77% above the national median of $75,149. The median age of 37.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Drum Point features a median home value of $383,200, which is 56% above the national median of $244,900. This places Drum Point in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,714, 47% above the national average of $1,163/month. Of the 1,290 total housing units, 91% are owner-occupied (999 units) and 9% are renter-occupied (104 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Drum Point shows an unemployment rate of 6.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 11.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Drum Point have an average one-way commute time of 45 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
35.9% of Drum Point 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, 1.0% Hispanic or Latino, 16.9% Black or African American, and 0.0% Asian residents, with 3.0% of the population being foreign-born.
Cost of Living in Drum Point, MD
Compared to national averages, Drum Point has a median household income of $133,059 (77% above the national median of $75,149). Home values average $383,200, which is 56% above the national median. Monthly rent at $1,714 is 47% above the US average of $1,163. Within Maryland, Drum Point's income is 23% above the state average of $107,956, and home values are 5% below the state median of $402,447.
Why Live in Drum Point, MD?
Drum Point offers a strong local economy with a median household income of $133,059, well above the national average, and a well-educated community where 35.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 11.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $383,200. However, Drum Point’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Drum Point has a population of 3,219 with a median age of 37.8 years. Compare Drum Point with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Drum Point
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Konterra | 3,212 | $144,750 | $512,500 | Compare |
| Berwyn Heights | 3,306 | $145,833 | $411,700 | Compare |
| Andrews AFB | 3,075 | $91,905 | $0 | Compare |
| Smithsburg | 3,069 | $86,065 | $317,600 | Compare |
| Maugansville | 3,057 | $75,840 | $284,200 | Compare |
| Grasonville | 3,431 | $111,842 | $418,900 | Compare |
| Princess Anne | 3,461 | $50,000 | $152,400 | Compare |
| Monrovia | 2,924 | $234,712 | $761,600 | 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 Drum Point With Other Cities
Frequently Asked Questions about Drum Point
What is the population of Drum Point, MD?
The population of Drum Point, MD is 3,219 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 Drum Point?
The median household income in Drum Point, MD is $133,059 per year, which is 77% above the national median of $75,149.
What is the median home value in Drum Point?
The median home value in Drum Point, MD is $383,200, which is 56% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Drum Point?
The median monthly rent in Drum Point, MD is $1,714, which is 47% above the national average of $1,163/month.
What is the unemployment rate in Drum Point?
The unemployment rate in Drum Point, MD is 6.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Drum Point, MD a good place to live?
Drum Point offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,219 and a median age of 37.8, the city appeals to a broad range of residents.
How educated is Drum Point, MD?
35.9% of residents in Drum Point 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 Drum Point?
Key cost-of-living indicators for Drum Point, MD: median home value is $383,200 (56% above national), median rent is $1,714/month, and median household income is $133,059. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Drum Point?
The poverty rate in Drum Point, MD is 11.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Drum Point, MD?
Drum Point's population is 0.0% White, 1.0% Hispanic or Latino, 16.9% Black or African American, 0.0% Asian, and 5.5% two or more races. 3.0% of residents are foreign-born.