Parkville, MD
Population 30,423 · Maryland
About Parkville, MD
Parkville is a mid-sized city located in Maryland with a population of 30,423 residents according to the latest US Census Bureau American Community Survey data. The median household income is $78,405 per year, which is 4% above the national median of $75,149. The median age of 38.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Parkville features a median home value of $251,100, which is 3% above the national median of $244,900. This positions Parkville in a moderately priced market relative to the rest of the country. Median monthly rent is $1,471, 26% above the national average of $1,163/month. Of the 13,659 total housing units, 63% are owner-occupied (7,806 units) and 37% are renter-occupied (4,562 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Parkville shows an unemployment rate of 4.6%, which is near the national rate of 3.7%. The poverty rate stands at 8.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Parkville have an average one-way commute time of 27.4 minutes.
Education & Demographics
33.5% of Parkville 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 0.4% White, 1.3% Hispanic or Latino, 0.8% Black or African American, and 3.1% Asian residents, with 7.8% of the population being foreign-born.
How Parkville Ranks in Maryland
Cost of Living in Parkville, MD
Compared to national averages, Parkville has a median household income of $78,405 (4% above the national median of $75,149). Home values average $251,100, which is 3% above the national median. Monthly rent at $1,471 is 26% above the US average of $1,163. Within Maryland, Parkville's income is 27% below the state average of $107,956, and home values are 38% below the state median of $402,447.
Why Live in Parkville, MD?
Parkville offers a strong local economy with a median household income of $78,405, well above the national average, and a low poverty rate of 8.1%, better than the national average.
Parkville has a population of 30,423 with a median age of 38.4 years. Compare Parkville with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Parkville
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eldersburg | 30,626 | $146,598 | $478,800 | Compare |
| Crofton | 29,878 | $147,250 | $507,000 | Compare |
| Laurel | 29,594 | $94,063 | $367,300 | Compare |
| Bel Air North | 31,599 | $137,995 | $422,700 | Compare |
| Clarksburg | 29,246 | $178,641 | $646,200 | Compare |
| Middle River | 31,616 | $74,198 | $251,200 | Compare |
| Perry Hall | 28,908 | $104,709 | $332,000 | Compare |
| Milford Mill | 31,939 | $76,676 | $269,900 | 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 Parkville With Other Cities
Frequently Asked Questions about Parkville
What is the population of Parkville, MD?
The population of Parkville, MD is 30,423 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 Parkville?
The median household income in Parkville, MD is $78,405 per year, which is 4% above the national median of $75,149.
What is the median home value in Parkville?
The median home value in Parkville, MD is $251,100, which is 3% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Parkville?
The median monthly rent in Parkville, MD is $1,471, which is 26% above the national average of $1,163/month.
What is the unemployment rate in Parkville?
The unemployment rate in Parkville, MD is 4.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Parkville, MD a good place to live?
Parkville offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 30,423 and a median age of 38.4, the city appeals to a broad range of residents.
How educated is Parkville, MD?
33.5% of residents in Parkville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Parkville?
Key cost-of-living indicators for Parkville, MD: median home value is $251,100 (3% above national), median rent is $1,471/month, and median household income is $78,405. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Parkville?
The poverty rate in Parkville, MD is 8.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Parkville, MD?
Parkville's population is 0.4% White, 1.3% Hispanic or Latino, 0.8% Black or African American, 3.1% Asian, and 36.7% two or more races. 7.8% of residents are foreign-born.