Princess Anne, MD
Population 3,461 · Maryland
About Princess Anne, MD
Princess Anne is a small town located in Maryland with a population of 3,461 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,000 per year, which is 33% below the national median of $75,149. The median age of 32 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Princess Anne features a median home value of $152,400, which is 38% below the national median of $244,900. This positions Princess Anne in a moderately priced market relative to the rest of the country. Median monthly rent is $1,183, 2% above the national average of $1,163/month. Of the 1,797 total housing units, 34% are owner-occupied (424 units) and 66% are renter-occupied (828 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Princess Anne shows an unemployment rate of 1.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 21.9%, above the national average of 12.4%. Workers in Princess Anne have an average one-way commute time of 24.9 minutes.
Education & Demographics
24.2% of Princess Anne 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 4.2% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 8.6% Asian residents, with 6.0% of the population being foreign-born.
How Princess Anne Ranks in Maryland
Cost of Living in Princess Anne, MD
Compared to national averages, Princess Anne has a median household income of $50,000 (33% below the national median of $75,149). Home values average $152,400, which is 38% below the national median. Monthly rent at $1,183 is 2% above the US average of $1,163. Within Maryland, Princess Anne's income is 54% below the state average of $107,956, and home values are 62% below the state median of $402,447.
Why Live in Princess Anne, MD?
Princess Anne offers affordable housing with a median home value of $152,400, below the US average of $244,900, and a strong job market with an unemployment rate of just 1.2%, and short commute times averaging just 24.9 minutes.
Potential considerations include median household income ($50,000) that falls below the national average. However, Princess Anne’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Princess Anne has a population of 3,461 with a median age of 32 years. Compare Princess Anne with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Princess Anne
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Grasonville | 3,431 | $111,842 | $418,900 | Compare |
| Berwyn Heights | 3,306 | $145,833 | $411,700 | Compare |
| Drum Point | 3,219 | $133,059 | $383,200 | Compare |
| Konterra | 3,212 | $144,750 | $512,500 | Compare |
| Melwood | 3,734 | $83,917 | $430,700 | Compare |
| 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 |
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 Princess Anne With Other Cities
Frequently Asked Questions about Princess Anne
What is the population of Princess Anne, MD?
The population of Princess Anne, MD is 3,461 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 Princess Anne?
The median household income in Princess Anne, MD is $50,000 per year, which is 33% below the national median of $75,149.
What is the median home value in Princess Anne?
The median home value in Princess Anne, MD is $152,400, which is 38% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Princess Anne?
The median monthly rent in Princess Anne, MD is $1,183, which is 2% above the national average of $1,163/month.
What is the unemployment rate in Princess Anne?
The unemployment rate in Princess Anne, MD is 1.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Princess Anne, MD a good place to live?
Princess Anne offers a moderate cost of living, affordable housing, and a strong job market. With a population of 3,461 and a median age of 32, the city appeals to young professionals and families.
How educated is Princess Anne, MD?
24.2% of residents in Princess Anne 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 Princess Anne?
Key cost-of-living indicators for Princess Anne, MD: median home value is $152,400 (38% below national), median rent is $1,183/month, and median household income is $50,000. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Princess Anne?
The poverty rate in Princess Anne, MD is 21.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Princess Anne, MD?
Princess Anne's population is 4.2% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 8.6% Asian, and 61.5% two or more races. 6.0% of residents are foreign-born.