Jefferson, MD
Population 2,891 · Maryland
About Jefferson, MD
Jefferson is a small town located in Maryland with a population of 2,891 residents according to the latest US Census Bureau American Community Survey data. The median household income is $145,664 per year, which is 94% above the national median of $75,149. The median age of 41.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Jefferson features a median home value of $479,400, which is 96% above the national median of $244,900. This places Jefferson in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,347, 16% above the national average of $1,163/month. Of the 1,032 total housing units, 81% are owner-occupied (827 units) and 19% are renter-occupied (194 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Jefferson shows an unemployment rate of 2.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Jefferson have an average one-way commute time of 25.8 minutes.
Education & Demographics
40.0% of Jefferson 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 1.7% White, 0.9% Hispanic or Latino, 1.5% Black or African American, and 4.6% Asian residents, with 6.4% of the population being foreign-born.
Cost of Living in Jefferson, MD
Compared to national averages, Jefferson has a median household income of $145,664 (94% above the national median of $75,149). Home values average $479,400, which is 96% above the national median. Monthly rent at $1,347 is 16% above the US average of $1,163. Within Maryland, Jefferson's income is 35% above the state average of $107,956, and home values are 19% above the state median of $402,447.
Why Live in Jefferson, MD?
Jefferson offers a strong local economy with a median household income of $145,664, well above the national average, and a strong job market with an unemployment rate of just 2.4%, and a well-educated community where 40.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $479,400. However, Jefferson’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Jefferson has a population of 2,891 with a median age of 41.2 years. Compare Jefferson with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Jefferson
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gambrills | 2,862 | $151,667 | $584,400 | Compare |
| Monrovia | 2,924 | $234,712 | $761,600 | Compare |
| Emmitsburg | 2,855 | $78,986 | $300,900 | Compare |
| Federalsburg | 2,818 | $35,432 | $125,200 | Compare |
| North Beach | 2,769 | $81,500 | $368,800 | Compare |
| Bartonsville | 2,760 | $146,641 | $604,700 | Compare |
| Rising Sun | 2,756 | $85,750 | $289,200 | Compare |
| Maugansville | 3,057 | $75,840 | $284,200 | 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 Jefferson With Other Cities
Frequently Asked Questions about Jefferson
What is the population of Jefferson, MD?
The population of Jefferson, MD is 2,891 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 Jefferson?
The median household income in Jefferson, MD is $145,664 per year, which is 94% above the national median of $75,149.
What is the median home value in Jefferson?
The median home value in Jefferson, MD is $479,400, which is 96% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Jefferson?
The median monthly rent in Jefferson, MD is $1,347, which is 16% above the national average of $1,163/month.
What is the unemployment rate in Jefferson?
The unemployment rate in Jefferson, MD is 2.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Jefferson, MD a good place to live?
Jefferson offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,891 and a median age of 41.2, the city appeals to a broad range of residents.
How educated is Jefferson, MD?
40.0% of residents in Jefferson 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 Jefferson?
Key cost-of-living indicators for Jefferson, MD: median home value is $479,400 (96% above national), median rent is $1,347/month, and median household income is $145,664. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Jefferson?
The poverty rate in Jefferson, MD is 4.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Jefferson, MD?
Jefferson's population is 1.7% White, 0.9% Hispanic or Latino, 1.5% Black or African American, 4.6% Asian, and 6.7% two or more races. 6.4% of residents are foreign-born.