Melwood, MD
Population 3,734 · Maryland
About Melwood, MD
Melwood is a small town located in Maryland with a population of 3,734 residents according to the latest US Census Bureau American Community Survey data. The median household income is $83,917 per year, which is 12% 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 Melwood features a median home value of $430,700, which is 76% above the national median of $244,900. This places Melwood in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,277, 10% above the national average of $1,163/month. Of the 1,595 total housing units, 82% are owner-occupied (1,246 units) and 18% are renter-occupied (267 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Melwood shows an unemployment rate of 7.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 11.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Melwood have an average one-way commute time of 38.9 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
37.0% of Melwood 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 10.7% White, 1.9% Hispanic or Latino, 0.0% Black or African American, and 18.3% Asian residents, with 21.3% of the population being foreign-born.
Cost of Living in Melwood, MD
Compared to national averages, Melwood has a median household income of $83,917 (12% above the national median of $75,149). Home values average $430,700, which is 76% above the national median. Monthly rent at $1,277 is 10% above the US average of $1,163. Within Maryland, Melwood's income is 22% below the state average of $107,956, and home values are 7% above the state median of $402,447.
Why Live in Melwood, MD?
Melwood offers a strong local economy with a median household income of $83,917, well above the national average, and a well-educated community where 37.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 11.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $430,700. However, Melwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Melwood has a population of 3,734 with a median age of 43 years. Compare Melwood with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Melwood
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brentwood | 3,753 | $70,573 | $413,100 | Compare |
| Boonsboro | 3,799 | $93,730 | $342,600 | Compare |
| Brookmont | 3,825 | $250,001 | $1,280,700 | Compare |
| Brown Station | 3,918 | $153,750 | $449,700 | Compare |
| Golden Beach | 3,953 | $140,313 | $376,200 | Compare |
| Pleasant Hills | 3,955 | $143,068 | $480,800 | Compare |
| Indian Head | 3,982 | $84,898 | $258,900 | Compare |
| Friendship Heights Village | 3,991 | $110,199 | $473,400 | 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 Melwood With Other Cities
Frequently Asked Questions about Melwood
What is the population of Melwood, MD?
The population of Melwood, MD is 3,734 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 Melwood?
The median household income in Melwood, MD is $83,917 per year, which is 12% above the national median of $75,149.
What is the median home value in Melwood?
The median home value in Melwood, MD is $430,700, which is 76% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Melwood?
The median monthly rent in Melwood, MD is $1,277, which is 10% above the national average of $1,163/month.
What is the unemployment rate in Melwood?
The unemployment rate in Melwood, MD is 7.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Melwood, MD a good place to live?
Melwood offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,734 and a median age of 43, the city appeals to a broad range of residents.
How educated is Melwood, MD?
37.0% of residents in Melwood 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 Melwood?
Key cost-of-living indicators for Melwood, MD: median home value is $430,700 (76% above national), median rent is $1,277/month, and median household income is $83,917. The home-value-to-income ratio is 5.1x, a moderate figure by national standards.
What is the poverty rate in Melwood?
The poverty rate in Melwood, MD is 11.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Melwood, MD?
Melwood's population is 10.7% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 18.3% Asian, and 54.2% two or more races. 21.3% of residents are foreign-born.