Grantsville, MD
Population 970 · Maryland
About Grantsville, MD
Grantsville is a small community located in Maryland with a population of 970 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,354 per year, which is 38% below the national median of $75,149. The median age of 49.1 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 Grantsville features a median home value of $230,800, which is 6% below the national median of $244,900. This positions Grantsville in a moderately priced market relative to the rest of the country. Median monthly rent is $654, 44% below the national average of $1,163/month. Of the 466 total housing units, 42% are owner-occupied (185 units) and 58% are renter-occupied (256 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 Grantsville shows an unemployment rate of 1.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 23.9%, above the national average of 12.4%. Workers in Grantsville have an average one-way commute time of 23.1 minutes.
Education & Demographics
30.8% of Grantsville 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, 0.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.6% of the population being foreign-born.
How Grantsville Ranks in Maryland
Cost of Living in Grantsville, MD
Compared to national averages, Grantsville has a median household income of $46,354 (38% below the national median of $75,149). Home values average $230,800, which is 6% below the national median. Monthly rent at $654 is 44% below the US average of $1,163. Within Maryland, Grantsville's income is 57% below the state average of $107,956, and home values are 43% below the state median of $402,447.
Why Live in Grantsville, MD?
Grantsville offers affordable housing with a median home value of $230,800, below the US average of $244,900, and rent that’s lower than the national average at $654/month, and a strong job market with an unemployment rate of just 1.5%. Additionally, the city features short commute times averaging just 23.1 minutes.
Potential considerations include median household income ($46,354) that falls below the national average. However, Grantsville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grantsville has a population of 970 with a median age of 49.1 years. Compare Grantsville with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Grantsville
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Potomac Park | 974 | $49,330 | $122,600 | Compare |
| Chevy Chase Section Three | 985 | $250,001 | $1,583,900 | Compare |
| Queenstown | 990 | $106,500 | $366,900 | Compare |
| Union Bridge | 941 | $65,417 | $264,800 | Compare |
| Martin's Additions | 1,019 | $250,001 | $1,454,900 | Compare |
| Somerset | 1,020 | $250,001 | $1,820,800 | Compare |
| Algonquin | 1,027 | $72,917 | $332,600 | Compare |
| Calvert Beach | 911 | $85,667 | $292,000 | 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 Grantsville With Other Cities
Frequently Asked Questions about Grantsville
What is the population of Grantsville, MD?
The population of Grantsville, MD is 970 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 Grantsville?
The median household income in Grantsville, MD is $46,354 per year, which is 38% below the national median of $75,149.
What is the median home value in Grantsville?
The median home value in Grantsville, MD is $230,800, which is 6% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Grantsville?
The median monthly rent in Grantsville, MD is $654, which is 44% below the national average of $1,163/month.
What is the unemployment rate in Grantsville?
The unemployment rate in Grantsville, MD is 1.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Grantsville, MD a good place to live?
Grantsville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 970 and a median age of 49.1, the city appeals to established professionals and retirees.
How educated is Grantsville, MD?
30.8% of residents in Grantsville 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 Grantsville?
Key cost-of-living indicators for Grantsville, MD: median home value is $230,800 (6% below national), median rent is $654/month, and median household income is $46,354. The home-value-to-income ratio is 5.0x, a moderate figure by national standards.
What is the poverty rate in Grantsville?
The poverty rate in Grantsville, MD is 23.9%, 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 Grantsville, MD?
Grantsville's population is 0.0% White, 0.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.6% of residents are foreign-born.