Herald Harbor, MD
Population 2,507 · Maryland
About Herald Harbor, MD
Herald Harbor is a small town located in Maryland with a population of 2,507 residents according to the latest US Census Bureau American Community Survey data. The median household income is $139,877 per year, which is 86% above the national median of $75,149. The median age of 43 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 Herald Harbor features a median home value of $562,900, which is 130% above the national median of $244,900. This places Herald Harbor in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,135, 84% above the national average of $1,163/month. Of the 1,054 total housing units, 93% are owner-occupied (934 units) and 7% are renter-occupied (70 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Herald Harbor shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Herald Harbor have an average one-way commute time of 30 minutes.
Education & Demographics
56.1% of Herald Harbor 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 0.4% White, 0.0% Hispanic or Latino, 2.6% Black or African American, and 2.4% Asian residents, with 2.3% of the population being foreign-born.
Cost of Living in Herald Harbor, MD
Compared to national averages, Herald Harbor has a median household income of $139,877 (86% above the national median of $75,149). Home values average $562,900, which is 130% above the national median. Monthly rent at $2,135 is 84% above the US average of $1,163. Within Maryland, Herald Harbor's income is 30% above the state average of $107,956, and home values are 40% above the state median of $402,447.
Why Live in Herald Harbor, MD?
Herald Harbor offers a strong local economy with a median household income of $139,877, well above the national average, and a strong job market with an unemployment rate of just 2.6%, and a well-educated community where 56.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $562,900. However, Herald Harbor’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Herald Harbor has a population of 2,507 with a median age of 43 years. Compare Herald Harbor with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Herald Harbor
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Croom | 2,519 | $176,758 | $614,500 | Compare |
| Owings | 2,475 | $171,194 | $592,900 | Compare |
| Snow Hill | 2,545 | $49,583 | $194,300 | Compare |
| Crisfield | 2,468 | $49,602 | $137,100 | Compare |
| Myersville | 2,464 | $144,840 | $457,900 | Compare |
| Greensboro | 2,563 | $44,934 | $230,600 | Compare |
| Braddock Heights | 2,606 | $114,750 | $532,200 | Compare |
| Prince Frederick | 2,404 | $78,625 | $383,000 | 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 Herald Harbor With Other Cities
Frequently Asked Questions about Herald Harbor
What is the population of Herald Harbor, MD?
The population of Herald Harbor, MD is 2,507 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 Herald Harbor?
The median household income in Herald Harbor, MD is $139,877 per year, which is 86% above the national median of $75,149.
What is the median home value in Herald Harbor?
The median home value in Herald Harbor, MD is $562,900, which is 130% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Herald Harbor?
The median monthly rent in Herald Harbor, MD is $2,135, which is 84% above the national average of $1,163/month.
What is the unemployment rate in Herald Harbor?
The unemployment rate in Herald Harbor, MD is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Herald Harbor, MD a good place to live?
Herald Harbor offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,507 and a median age of 43, the city appeals to a broad range of residents.
How educated is Herald Harbor, MD?
56.1% of residents in Herald Harbor 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 Herald Harbor?
Key cost-of-living indicators for Herald Harbor, MD: median home value is $562,900 (130% above national), median rent is $2,135/month, and median household income is $139,877. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Herald Harbor?
The poverty rate in Herald Harbor, MD is 1.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Herald Harbor, MD?
Herald Harbor's population is 0.4% White, 0.0% Hispanic or Latino, 2.6% Black or African American, 2.4% Asian, and 3.4% two or more races. 2.3% of residents are foreign-born.