Garrett Park, MD
Population 872 · Maryland
About Garrett Park, MD
Garrett Park is a small community located in Maryland with a population of 872 residents according to the latest US Census Bureau American Community Survey data. The median household income is $250,001 per year, which is 233% above the national median of $75,149. The median age of 52.7 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 Garrett Park features a median home value of $994,200, which is 306% above the national median of $244,900. This places Garrett Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,750, 136% above the national average of $1,163/month. Of the 331 total housing units, 95% are owner-occupied (304 units) and 5% are renter-occupied (16 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Garrett Park shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Garrett Park have an average one-way commute time of 31.6 minutes.
Education & Demographics
88.1% of Garrett 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 0.8% White, 3.7% Hispanic or Latino, 1.0% Black or African American, and 4.0% Asian residents, with 10.1% of the population being foreign-born.
How Garrett Park Ranks in Maryland
Cost of Living in Garrett Park, MD
Compared to national averages, Garrett Park has a median household income of $250,001 (233% above the national median of $75,149). Home values average $994,200, which is 306% above the national median. Monthly rent at $2,750 is 136% above the US average of $1,163. Within Maryland, Garrett Park's income is 132% above the state average of $107,956, and home values are 147% above the state median of $402,447.
Why Live in Garrett Park, MD?
Garrett Park offers a strong local economy with a median household income of $250,001, well above the national average, and a strong job market with an unemployment rate of just 2.5%, and a well-educated community where 88.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $994,200. However, Garrett Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Garrett Park has a population of 872 with a median age of 52.7 years. Compare Garrett Park with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Garrett Park
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Finzel | 871 | $112,868 | $236,800 | Compare |
| Tilghman Island | 874 | $64,931 | $330,300 | Compare |
| Cecilton | 863 | $95,795 | $233,800 | Compare |
| Mount Vernon | 885 | $88,500 | $207,000 | Compare |
| Maryland Park | 888 | $88,068 | $350,900 | Compare |
| Cavetown | 909 | $103,866 | $306,500 | Compare |
| Calvert Beach | 911 | $85,667 | $292,000 | Compare |
| Funkstown | 826 | $58,438 | $241,900 | 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 Garrett Park With Other Cities
Frequently Asked Questions about Garrett Park
What is the population of Garrett Park, MD?
The population of Garrett Park, MD is 872 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 Garrett Park?
The median household income in Garrett Park, MD is $250,001 per year, which is 233% above the national median of $75,149.
What is the median home value in Garrett Park?
The median home value in Garrett Park, MD is $994,200, which is 306% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Garrett Park?
The median monthly rent in Garrett Park, MD is $2,750, which is 136% above the national average of $1,163/month.
What is the unemployment rate in Garrett Park?
The unemployment rate in Garrett Park, MD is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Garrett Park, MD a good place to live?
Garrett Park offers above-average incomes, a competitive housing market, and a strong job market. With a population of 872 and a median age of 52.7, the city appeals to established professionals and retirees.
How educated is Garrett Park, MD?
88.1% of residents in Garrett 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 Garrett Park?
Key cost-of-living indicators for Garrett Park, MD: median home value is $994,200 (306% above national), median rent is $2,750/month, and median household income is $250,001. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Garrett Park?
The poverty rate in Garrett Park, MD is 0.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Garrett Park, MD?
Garrett Park's population is 0.8% White, 3.7% Hispanic or Latino, 1.0% Black or African American, 4.0% Asian, and 0.5% two or more races. 10.1% of residents are foreign-born.