Queenstown, MD
Population 990 · Maryland
About Queenstown, MD
Queenstown is a small community located in Maryland with a population of 990 residents according to the latest US Census Bureau American Community Survey data. The median household income is $106,500 per year, which is 42% above the national median of $75,149. The median age of 35.6 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 Queenstown features a median home value of $366,900, which is 50% above the national median of $244,900. This positions Queenstown in a moderately priced market relative to the rest of the country. Median monthly rent is $1,814, 56% above the national average of $1,163/month. Of the 363 total housing units, 67% are owner-occupied (225 units) and 33% are renter-occupied (111 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Queenstown shows an unemployment rate of 2.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 23.7%, above the national average of 12.4%. Workers in Queenstown have an average one-way commute time of 27.9 minutes.
Education & Demographics
35.8% of Queenstown 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 2.8% White, 6.4% Hispanic or Latino, 0.5% Black or African American, and 34.9% Asian residents, with 22.1% of the population being foreign-born.
Cost of Living in Queenstown, MD
Compared to national averages, Queenstown has a median household income of $106,500 (42% above the national median of $75,149). Home values average $366,900, which is 50% above the national median. Monthly rent at $1,814 is 56% above the US average of $1,163. Within Maryland, Queenstown's income is 1% below the state average of $107,956, and home values are 9% below the state median of $402,447.
Why Live in Queenstown, MD?
Queenstown offers a strong local economy with a median household income of $106,500, well above the national average, and a strong job market with an unemployment rate of just 2.4%, and a well-educated community where 35.8% of residents hold a bachelor’s degree or higher.
Queenstown has a population of 990 with a median age of 35.6 years. Compare Queenstown with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Queenstown
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chevy Chase Section Three | 985 | $250,001 | $1,583,900 | Compare |
| Potomac Park | 974 | $49,330 | $122,600 | Compare |
| Grantsville | 970 | $46,354 | $230,800 | Compare |
| Martin's Additions | 1,019 | $250,001 | $1,454,900 | Compare |
| Somerset | 1,020 | $250,001 | $1,820,800 | Compare |
| Algonquin | 1,027 | $72,917 | $332,600 | Compare |
| Morningside | 1,031 | $80,000 | $287,000 | Compare |
| Union Bridge | 941 | $65,417 | $264,800 | 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 Queenstown With Other Cities
Frequently Asked Questions about Queenstown
What is the population of Queenstown, MD?
The population of Queenstown, MD is 990 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Maryland.
What is the median household income in Queenstown?
The median household income in Queenstown, MD is $106,500 per year, which is 42% above the national median of $75,149.
What is the median home value in Queenstown?
The median home value in Queenstown, MD is $366,900, which is 50% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Queenstown?
The median monthly rent in Queenstown, MD is $1,814, which is 56% above the national average of $1,163/month.
What is the unemployment rate in Queenstown?
The unemployment rate in Queenstown, MD is 2.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Queenstown, MD a good place to live?
Queenstown offers above-average incomes, a competitive housing market, and a strong job market. With a population of 990 and a median age of 35.6, the city appeals to a broad range of residents.
How educated is Queenstown, MD?
35.8% of residents in Queenstown 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 Queenstown?
Key cost-of-living indicators for Queenstown, MD: median home value is $366,900 (50% above national), median rent is $1,814/month, and median household income is $106,500. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Queenstown?
The poverty rate in Queenstown, MD is 23.7%, 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 Queenstown, MD?
Queenstown's population is 2.8% White, 6.4% Hispanic or Latino, 0.5% Black or African American, 34.9% Asian, and 8.7% two or more races. 22.1% of residents are foreign-born.