Naval Academy, MD
Population 1,592 · Maryland
About Naval Academy, MD
Naval Academy is a small community in Maryland with a population of 1,592 residents. The median household income is $120,347 per year, which is above the national average. The median age in Naval Academy is 21.8 years.
Housing in Naval Academy has a median home value of $0 and median monthly rent of $2,715. Of the 176 total housing units, renting is more common than owning, with 0 owner-occupied and 149 renter-occupied units.
The unemployment rate in Naval Academy is 2.6% and the poverty rate is 0.0%. 32.9% of residents hold a bachelor's degree or higher. The average commute time is 9 minutes.
Cost of Living in Naval Academy, MD
Compared to national averages, Naval Academy has a median household income of $120,347 (60% above the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $2,715 is 133% above the US average of $1,163. Within Maryland, Naval Academy's income is 11% above the state average of $107,956, and home values are 100% below the state median of $402,447.
Why Live in Naval Academy, MD?
Naval Academy offers a strong local economy with a median household income of $120,347, well above the national average, and affordable housing with a median home value of $0, below the US average of $244,900, and a strong job market with an unemployment rate of just 2.6%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 9 minutes.
Naval Academy has a population of 1,592 with a median age of 21.8 years. Compare Naval Academy with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Naval Academy
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| New Market | 1,588 | $198,080 | $607,700 | Compare |
| Colmar Manor | 1,579 | $104,074 | $359,200 | Compare |
| Wilson-Conococheague | 1,614 | $60,258 | $225,300 | Compare |
| Mechanicsville | 1,521 | $115,556 | $425,500 | Compare |
| Ridgely | 1,685 | $64,432 | $236,000 | Compare |
| Arden on the Severn | 1,691 | $117,188 | $475,600 | Compare |
| Crownsville | 1,701 | $146,486 | $885,600 | Compare |
| Romancoke | 1,705 | $118,077 | $397,200 | 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.
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Frequently Asked Questions about Naval Academy
What is the population of Naval Academy, MD?
The population of Naval Academy, MD is 1,592 according to the latest Census data.
What is the median household income in Naval Academy?
The median household income in Naval Academy, MD is $120,347 per year.
What is the median home value in Naval Academy?
The median home value in Naval Academy, MD is $0.
What is the average rent in Naval Academy?
The median monthly rent in Naval Academy, MD is $2,715.
What is the unemployment rate in Naval Academy?
The unemployment rate in Naval Academy, MD is 2.6%.