Grasonville, MD
Population 3,431 · Maryland
About Grasonville, MD
Grasonville is a small town located in Maryland with a population of 3,431 residents according to the latest US Census Bureau American Community Survey data. The median household income is $111,842 per year, which is 49% above the national median of $75,149. The median age of 41.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Grasonville features a median home value of $418,900, which is 71% above the national median of $244,900. This places Grasonville in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,564, 34% above the national average of $1,163/month. Of the 1,549 total housing units, 78% are owner-occupied (993 units) and 22% are renter-occupied (279 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grasonville shows an unemployment rate of 2.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Grasonville have an average one-way commute time of 36.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
34.3% of Grasonville 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 1.3% White, 0.1% Hispanic or Latino, 0.4% Black or African American, and 4.3% Asian residents, with 4.7% of the population being foreign-born.
Cost of Living in Grasonville, MD
Compared to national averages, Grasonville has a median household income of $111,842 (49% above the national median of $75,149). Home values average $418,900, which is 71% above the national median. Monthly rent at $1,564 is 34% above the US average of $1,163. Within Maryland, Grasonville's income is 4% above the state average of $107,956, and home values are 4% above the state median of $402,447.
Why Live in Grasonville, MD?
Grasonville offers a strong local economy with a median household income of $111,842, well above the national average, and a strong job market with an unemployment rate of just 2.3%, and a well-educated community where 34.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 11.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $418,900. However, Grasonville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grasonville has a population of 3,431 with a median age of 41.6 years. Compare Grasonville with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Grasonville
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Princess Anne | 3,461 | $50,000 | $152,400 | Compare |
| Berwyn Heights | 3,306 | $145,833 | $411,700 | Compare |
| Drum Point | 3,219 | $133,059 | $383,200 | Compare |
| Konterra | 3,212 | $144,750 | $512,500 | Compare |
| Melwood | 3,734 | $83,917 | $430,700 | Compare |
| Brentwood | 3,753 | $70,573 | $413,100 | Compare |
| Andrews AFB | 3,075 | $91,905 | $0 | Compare |
| Smithsburg | 3,069 | $86,065 | $317,600 | 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 Grasonville With Other Cities
Frequently Asked Questions about Grasonville
What is the population of Grasonville, MD?
The population of Grasonville, MD is 3,431 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 Grasonville?
The median household income in Grasonville, MD is $111,842 per year, which is 49% above the national median of $75,149.
What is the median home value in Grasonville?
The median home value in Grasonville, MD is $418,900, which is 71% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grasonville?
The median monthly rent in Grasonville, MD is $1,564, which is 34% above the national average of $1,163/month.
What is the unemployment rate in Grasonville?
The unemployment rate in Grasonville, MD is 2.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Grasonville, MD a good place to live?
Grasonville offers above-average incomes, a competitive housing market, and a strong job market. With a population of 3,431 and a median age of 41.6, the city appeals to a broad range of residents.
How educated is Grasonville, MD?
34.3% of residents in Grasonville 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 Grasonville?
Key cost-of-living indicators for Grasonville, MD: median home value is $418,900 (71% above national), median rent is $1,564/month, and median household income is $111,842. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Grasonville?
The poverty rate in Grasonville, MD is 11.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Grasonville, MD?
Grasonville's population is 1.3% White, 0.1% Hispanic or Latino, 0.4% Black or African American, 4.3% Asian, and 5.5% two or more races. 4.7% of residents are foreign-born.