Mayo, MD
Population 8,322 · Maryland
About Mayo, MD
Mayo is a small town located in Maryland with a population of 8,322 residents according to the latest US Census Bureau American Community Survey data. The median household income is $146,206 per year, which is 95% above the national median of $75,149. The median age of 39.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Mayo features a median home value of $583,300, which is 138% above the national median of $244,900. This places Mayo in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,323, 100% above the national average of $1,163/month. Of the 3,230 total housing units, 90% are owner-occupied (2,688 units) and 10% are renter-occupied (307 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Mayo shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 4.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Mayo have an average one-way commute time of 36.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
42.4% of Mayo 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 1.3% White, 0.7% Hispanic or Latino, 0.5% Black or African American, and 3.6% Asian residents, with 3.0% of the population being foreign-born.
Cost of Living in Mayo, MD
Compared to national averages, Mayo has a median household income of $146,206 (95% above the national median of $75,149). Home values average $583,300, which is 138% above the national median. Monthly rent at $2,323 is 100% above the US average of $1,163. Within Maryland, Mayo's income is 35% above the state average of $107,956, and home values are 45% above the state median of $402,447.
Why Live in Mayo, MD?
Mayo offers a strong local economy with a median household income of $146,206, well above the national average, and a well-educated community where 42.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $583,300. However, Mayo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mayo has a population of 8,322 with a median age of 39.2 years. Compare Mayo with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Mayo
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Edgewater | 8,297 | $111,000 | $428,500 | Compare |
| Savage | 8,284 | $117,353 | $405,600 | Compare |
| Mount Rainier | 8,235 | $68,281 | $522,100 | Compare |
| Fairwood | 8,108 | $191,319 | $695,300 | Compare |
| Baltimore Highlands | 8,564 | $64,284 | $258,000 | Compare |
| South Kensington | 8,057 | $193,793 | $905,000 | Compare |
| Brunswick | 7,994 | $115,972 | $348,500 | Compare |
| Leisure World | 8,693 | $58,125 | $265,100 | 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 Mayo With Other Cities
Frequently Asked Questions about Mayo
What is the population of Mayo, MD?
The population of Mayo, MD is 8,322 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 Mayo?
The median household income in Mayo, MD is $146,206 per year, which is 95% above the national median of $75,149.
What is the median home value in Mayo?
The median home value in Mayo, MD is $583,300, which is 138% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mayo?
The median monthly rent in Mayo, MD is $2,323, which is 100% above the national average of $1,163/month.
What is the unemployment rate in Mayo?
The unemployment rate in Mayo, MD is 5.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mayo, MD a good place to live?
Mayo offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 8,322 and a median age of 39.2, the city appeals to a broad range of residents.
How educated is Mayo, MD?
42.4% of residents in Mayo 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 Mayo?
Key cost-of-living indicators for Mayo, MD: median home value is $583,300 (138% above national), median rent is $2,323/month, and median household income is $146,206. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Mayo?
The poverty rate in Mayo, MD is 4.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Mayo, MD?
Mayo's population is 1.3% White, 0.7% Hispanic or Latino, 0.5% Black or African American, 3.6% Asian, and 1.7% two or more races. 3.0% of residents are foreign-born.