Eldorado, MD
Population 39 · Maryland
About Eldorado, MD
Eldorado is a small community located in Maryland with a population of 39 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,375 per year, which is 34% below the national median of $75,149. The median age of 45.1 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 Eldorado features a median home value of $143,800, which is 41% below the national median of $244,900. This makes Eldorado one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 26 total housing units, 95% are owner-occupied (19 units) and 5% are renter-occupied (1 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Eldorado shows an unemployment rate of 9.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 5.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Eldorado have an average one-way commute time of 28.7 minutes.
Education & Demographics
6.7% of Eldorado residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. 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 7.7% of the population being foreign-born.
How Eldorado Ranks in Maryland
Cost of Living in Eldorado, MD
Compared to national averages, Eldorado has a median household income of $49,375 (34% below the national median of $75,149). Home values average $143,800, which is 41% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Maryland, Eldorado's income is 54% below the state average of $107,956, and home values are 64% below the state median of $402,447.
Why Live in Eldorado, MD?
Eldorado offers affordable housing with a median home value of $143,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 5.1%, better than the national average.
Potential considerations include median household income ($49,375) that falls below the national average. However, Eldorado’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Eldorado has a population of 39 with a median age of 45.1 years. Compare Eldorado with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Eldorado
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Big Pool | 39 | $0 | $0 | Compare |
| Edesville | 39 | $0 | $0 | Compare |
| Spring Gap | 40 | $0 | $0 | Compare |
| St. George Island | 38 | $0 | $0 | Compare |
| Dawson | 42 | $0 | $161,300 | Compare |
| Georgetown | 43 | $0 | $0 | Compare |
| Brookview | 34 | $77,500 | $116,700 | Compare |
| West Denton | 32 | $0 | $0 | 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 Eldorado With Other Cities
Frequently Asked Questions about Eldorado
What is the population of Eldorado, MD?
The population of Eldorado, MD is 39 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 Eldorado?
The median household income in Eldorado, MD is $49,375 per year, which is 34% below the national median of $75,149.
What is the median home value in Eldorado?
The median home value in Eldorado, MD is $143,800, which is 41% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Eldorado?
The median monthly rent in Eldorado, MD is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Eldorado?
The unemployment rate in Eldorado, MD is 9.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Eldorado, MD a good place to live?
Eldorado offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 39 and a median age of 45.1, the city appeals to established professionals and retirees.
How educated is Eldorado, MD?
6.7% of residents in Eldorado 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 Eldorado?
Key cost-of-living indicators for Eldorado, MD: median home value is $143,800 (41% below national), median rent is $0/month, and median household income is $49,375. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Eldorado?
The poverty rate in Eldorado, MD is 5.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Eldorado, MD?
Eldorado'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. 7.7% of residents are foreign-born.