Honeygo, MD
Population 12,022 · Maryland
About Honeygo, MD
Honeygo is a mid-sized city located in Maryland with a population of 12,022 residents according to the latest US Census Bureau American Community Survey data. The median household income is $144,156 per year, which is 92% above the national median of $75,149. The median age of 41.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Honeygo features a median home value of $463,500, which is 89% above the national median of $244,900. This places Honeygo in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,224, 5% above the national average of $1,163/month. Of the 4,364 total housing units, 92% are owner-occupied (3,751 units) and 8% are renter-occupied (347 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Honeygo 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 3.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Honeygo have an average one-way commute time of 30.5 minutes.
Education & Demographics
53.8% of Honeygo 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 0.0% White, 0.2% Hispanic or Latino, 1.8% Black or African American, and 3.6% Asian residents, with 16.4% of the population being foreign-born.
Cost of Living in Honeygo, MD
Compared to national averages, Honeygo has a median household income of $144,156 (92% above the national median of $75,149). Home values average $463,500, which is 89% above the national median. Monthly rent at $1,224 is 5% above the US average of $1,163. Within Maryland, Honeygo's income is 34% above the state average of $107,956, and home values are 15% above the state median of $402,447.
Why Live in Honeygo, MD?
Honeygo offers a strong local economy with a median household income of $144,156, well above the national average, and a strong job market with an unemployment rate of just 2.6%, and a well-educated community where 53.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $463,500. However, Honeygo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Honeygo has a population of 12,022 with a median age of 41.1 years. Compare Honeygo with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Honeygo
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Westphalia | 12,020 | $158,055 | $478,200 | Compare |
| Ocean Pines | 12,028 | $91,400 | $352,600 | Compare |
| Lanham | 11,956 | $95,488 | $413,800 | Compare |
| Rosaryville | 12,206 | $148,558 | $457,600 | Compare |
| Largo | 11,753 | $106,875 | $362,200 | Compare |
| Friendly | 11,673 | $136,485 | $407,800 | Compare |
| Overlea | 12,430 | $86,296 | $249,500 | Compare |
| Annapolis Neck | 12,484 | $171,833 | $723,100 | 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 Honeygo With Other Cities
Frequently Asked Questions about Honeygo
What is the population of Honeygo, MD?
The population of Honeygo, MD is 12,022 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 Honeygo?
The median household income in Honeygo, MD is $144,156 per year, which is 92% above the national median of $75,149.
What is the median home value in Honeygo?
The median home value in Honeygo, MD is $463,500, which is 89% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Honeygo?
The median monthly rent in Honeygo, MD is $1,224, which is 5% above the national average of $1,163/month.
What is the unemployment rate in Honeygo?
The unemployment rate in Honeygo, 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 Honeygo, MD a good place to live?
Honeygo offers above-average incomes, a competitive housing market, and a strong job market. With a population of 12,022 and a median age of 41.1, the city appeals to a broad range of residents.
How educated is Honeygo, MD?
53.8% of residents in Honeygo 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 Honeygo?
Key cost-of-living indicators for Honeygo, MD: median home value is $463,500 (89% above national), median rent is $1,224/month, and median household income is $144,156. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Honeygo?
The poverty rate in Honeygo, MD is 3.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Honeygo, MD?
Honeygo's population is 0.0% White, 0.2% Hispanic or Latino, 1.8% Black or African American, 3.6% Asian, and 12.0% two or more races. 16.4% of residents are foreign-born.