Halfway, MD
Population 10,974 · Maryland
About Halfway, MD
Halfway is a mid-sized city located in Maryland with a population of 10,974 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,600 per year, which is 7% below the national median of $75,149. The median age of 42.2 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 Halfway features a median home value of $247,100, which is 1% above the national median of $244,900. This positions Halfway in a moderately priced market relative to the rest of the country. Median monthly rent is $1,183, 2% above the national average of $1,163/month. Of the 4,959 total housing units, 70% are owner-occupied (3,107 units) and 30% are renter-occupied (1,344 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Halfway shows an unemployment rate of 4.9%, which is near the national rate of 3.7%. The poverty rate stands at 10.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Halfway have an average one-way commute time of 24.8 minutes.
Education & Demographics
20.5% of Halfway 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 1.0% White, 1.1% Hispanic or Latino, 0.6% Black or African American, and 3.9% Asian residents, with 5.8% of the population being foreign-born.
Cost of Living in Halfway, MD
Compared to national averages, Halfway has a median household income of $69,600 (7% below the national median of $75,149). Home values average $247,100, which is 1% above the national median. Monthly rent at $1,183 is 2% above the US average of $1,163. Within Maryland, Halfway's income is 36% below the state average of $107,956, and home values are 39% below the state median of $402,447.
Why Live in Halfway, MD?
Halfway offers a low poverty rate of 10.3%, better than the national average, and short commute times averaging just 24.8 minutes.
Potential considerations include median household income ($69,600) that falls below the national average. However, Halfway’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Halfway has a population of 10,974 with a median age of 42.2 years. Compare Halfway with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Halfway
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brandywine | 10,989 | $158,258 | $543,000 | Compare |
| Timonium | 10,880 | $130,732 | $478,800 | Compare |
| Forestville | 10,839 | $80,028 | $324,700 | Compare |
| Travilah | 11,128 | $250,001 | $1,225,300 | Compare |
| Mitchellville | 11,325 | $152,795 | $490,400 | Compare |
| Bel Air | 10,616 | $69,912 | $297,400 | Compare |
| Linthicum | 10,545 | $122,424 | $368,800 | Compare |
| White Marsh | 10,480 | $123,302 | $370,100 | 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 Halfway With Other Cities
Frequently Asked Questions about Halfway
What is the population of Halfway, MD?
The population of Halfway, MD is 10,974 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 Halfway?
The median household income in Halfway, MD is $69,600 per year, which is 7% below the national median of $75,149.
What is the median home value in Halfway?
The median home value in Halfway, MD is $247,100, which is 1% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Halfway?
The median monthly rent in Halfway, MD is $1,183, which is 2% above the national average of $1,163/month.
What is the unemployment rate in Halfway?
The unemployment rate in Halfway, MD is 4.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Halfway, MD a good place to live?
Halfway offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 10,974 and a median age of 42.2, the city appeals to a broad range of residents.
How educated is Halfway, MD?
20.5% of residents in Halfway 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 Halfway?
Key cost-of-living indicators for Halfway, MD: median home value is $247,100 (1% above national), median rent is $1,183/month, and median household income is $69,600. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Halfway?
The poverty rate in Halfway, MD is 10.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Halfway, MD?
Halfway's population is 1.0% White, 1.1% Hispanic or Latino, 0.6% Black or African American, 3.9% Asian, and 1.3% two or more races. 5.8% of residents are foreign-born.