Ilchester, MD
Population 27,552 · Maryland
About Ilchester, MD
Ilchester is a mid-sized city located in Maryland with a population of 27,552 residents according to the latest US Census Bureau American Community Survey data. The median household income is $150,783 per year, which is 101% above the national median of $75,149. The median age of 36.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ilchester features a median home value of $498,500, which is 104% above the national median of $244,900. This places Ilchester in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,963, 69% above the national average of $1,163/month. Of the 10,043 total housing units, 78% are owner-occupied (7,659 units) and 22% are renter-occupied (2,167 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ilchester 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 4.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ilchester have an average one-way commute time of 27.8 minutes.
Education & Demographics
62.8% of Ilchester 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 3.5% White, 1.7% Hispanic or Latino, 0.8% Black or African American, and 8.3% Asian residents, with 20.8% of the population being foreign-born.
Cost of Living in Ilchester, MD
Compared to national averages, Ilchester has a median household income of $150,783 (101% above the national median of $75,149). Home values average $498,500, which is 104% above the national median. Monthly rent at $1,963 is 69% above the US average of $1,163. Within Maryland, Ilchester's income is 40% above the state average of $107,956, and home values are 24% above the state median of $402,447.
Why Live in Ilchester, MD?
Ilchester offers a strong local economy with a median household income of $150,783, well above the national average, and a strong job market with an unemployment rate of just 2.3%, and a well-educated community where 62.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $498,500. However, Ilchester’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ilchester has a population of 27,552 with a median age of 36.3 years. Compare Ilchester with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Ilchester
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lochearn | 27,591 | $76,256 | $265,200 | Compare |
| South Laurel | 27,736 | $90,715 | $443,100 | Compare |
| Reisterstown | 27,764 | $79,812 | $332,300 | Compare |
| Carney | 28,624 | $84,619 | $299,200 | Compare |
| Perry Hall | 28,908 | $104,709 | $332,000 | Compare |
| Elkridge | 26,183 | $135,412 | $438,200 | Compare |
| Fairland | 26,183 | $87,924 | $440,800 | Compare |
| Ballenger Creek | 25,866 | $108,385 | $369,800 | 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 Ilchester With Other Cities
Frequently Asked Questions about Ilchester
What is the population of Ilchester, MD?
The population of Ilchester, MD is 27,552 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 Ilchester?
The median household income in Ilchester, MD is $150,783 per year, which is 101% above the national median of $75,149.
What is the median home value in Ilchester?
The median home value in Ilchester, MD is $498,500, which is 104% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ilchester?
The median monthly rent in Ilchester, MD is $1,963, which is 69% above the national average of $1,163/month.
What is the unemployment rate in Ilchester?
The unemployment rate in Ilchester, 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 Ilchester, MD a good place to live?
Ilchester offers above-average incomes, a competitive housing market, and a strong job market. With a population of 27,552 and a median age of 36.3, the city appeals to a broad range of residents.
How educated is Ilchester, MD?
62.8% of residents in Ilchester 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 Ilchester?
Key cost-of-living indicators for Ilchester, MD: median home value is $498,500 (104% above national), median rent is $1,963/month, and median household income is $150,783. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ilchester?
The poverty rate in Ilchester, MD is 4.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ilchester, MD?
Ilchester's population is 3.5% White, 1.7% Hispanic or Latino, 0.8% Black or African American, 8.3% Asian, and 10.6% two or more races. 20.8% of residents are foreign-born.