Elkridge, MD
Population 26,183 · Maryland
About Elkridge, MD
Elkridge is a mid-sized city located in Maryland with a population of 26,183 residents according to the latest US Census Bureau American Community Survey data. The median household income is $135,412 per year, which is 80% above the national median of $75,149. The median age of 34.1 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 Elkridge features a median home value of $438,200, which is 79% above the national median of $244,900. This places Elkridge in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,206, 90% above the national average of $1,163/month. Of the 9,530 total housing units, 61% are owner-occupied (5,704 units) and 39% are renter-occupied (3,572 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Elkridge shows an unemployment rate of 5.2%, which is near the national rate of 3.7%. The poverty rate stands at 7.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Elkridge have an average one-way commute time of 25.9 minutes.
Education & Demographics
56.7% of Elkridge 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 1.6% White, 0.8% Hispanic or Latino, 1.4% Black or African American, and 3.4% Asian residents, with 24.3% of the population being foreign-born.
Cost of Living in Elkridge, MD
Compared to national averages, Elkridge has a median household income of $135,412 (80% above the national median of $75,149). Home values average $438,200, which is 79% above the national median. Monthly rent at $2,206 is 90% above the US average of $1,163. Within Maryland, Elkridge's income is 25% above the state average of $107,956, and home values are 9% above the state median of $402,447.
Why Live in Elkridge, MD?
Elkridge offers a strong local economy with a median household income of $135,412, well above the national average, and a well-educated community where 56.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $438,200. However, Elkridge’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Elkridge has a population of 26,183 with a median age of 34.1 years. Compare Elkridge with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Elkridge
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fairland | 26,183 | $87,924 | $440,800 | Compare |
| Ballenger Creek | 25,866 | $108,385 | $369,800 | Compare |
| Fort Washington | 25,843 | $145,942 | $464,300 | Compare |
| North Laurel | 25,201 | $119,533 | $442,800 | Compare |
| Edgewood | 25,170 | $86,355 | $234,700 | Compare |
| Ilchester | 27,552 | $150,783 | $498,500 | Compare |
| Lochearn | 27,591 | $76,256 | $265,200 | Compare |
| Suitland | 24,667 | $71,886 | $312,600 | 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 Elkridge With Other Cities
Frequently Asked Questions about Elkridge
What is the population of Elkridge, MD?
The population of Elkridge, MD is 26,183 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 Elkridge?
The median household income in Elkridge, MD is $135,412 per year, which is 80% above the national median of $75,149.
What is the median home value in Elkridge?
The median home value in Elkridge, MD is $438,200, which is 79% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Elkridge?
The median monthly rent in Elkridge, MD is $2,206, which is 90% above the national average of $1,163/month.
What is the unemployment rate in Elkridge?
The unemployment rate in Elkridge, MD is 5.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Elkridge, MD a good place to live?
Elkridge offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 26,183 and a median age of 34.1, the city appeals to young professionals and families.
How educated is Elkridge, MD?
56.7% of residents in Elkridge 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 Elkridge?
Key cost-of-living indicators for Elkridge, MD: median home value is $438,200 (79% above national), median rent is $2,206/month, and median household income is $135,412. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Elkridge?
The poverty rate in Elkridge, MD is 7.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Elkridge, MD?
Elkridge's population is 1.6% White, 0.8% Hispanic or Latino, 1.4% Black or African American, 3.4% Asian, and 33.2% two or more races. 24.3% of residents are foreign-born.