Sharptown, MD
Population 764 · Maryland
About Sharptown, MD
Sharptown is a small community located in Maryland with a population of 764 residents according to the latest US Census Bureau American Community Survey data. The median household income is $85,357 per year, which is 14% above the national median of $75,149. The median age of 35.5 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 Sharptown features a median home value of $187,100, which is 24% below the national median of $244,900. This positions Sharptown in a moderately priced market relative to the rest of the country. Median monthly rent is $1,118, 4% below the national average of $1,163/month. Of the 332 total housing units, 84% are owner-occupied (244 units) and 16% are renter-occupied (48 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Sharptown shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 4.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Sharptown have an average one-way commute time of 30 minutes.
Education & Demographics
20.2% of Sharptown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.3% Hispanic or Latino, 0.1% Black or African American, and 1.3% Asian residents, with 2.1% of the population being foreign-born.
Cost of Living in Sharptown, MD
Compared to national averages, Sharptown has a median household income of $85,357 (14% above the national median of $75,149). Home values average $187,100, which is 24% below the national median. Monthly rent at $1,118 is 4% below the US average of $1,163. Within Maryland, Sharptown's income is 21% below the state average of $107,956, and home values are 54% below the state median of $402,447.
Why Live in Sharptown, MD?
Sharptown offers a strong local economy with a median household income of $85,357, well above the national average, and affordable housing with a median home value of $187,100, below the US average of $244,900, and rent that’s lower than the national average at $1,118/month. Additionally, the city features a low poverty rate of 4.9%, better than the national average.
Sharptown has a population of 764 with a median age of 35.5 years. Compare Sharptown with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Sharptown
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Galena | 766 | $87,188 | $273,100 | Compare |
| Barton | 761 | $54,063 | $86,100 | Compare |
| Chevy Chase Section Five | 767 | $250,001 | $1,631,900 | Compare |
| Corriganville | 754 | $0 | $141,100 | Compare |
| Upper Marlboro | 752 | $115,568 | $299,700 | Compare |
| Chesapeake City | 778 | $67,109 | $335,200 | Compare |
| Laytonsville | 750 | $239,444 | $1,050,300 | Compare |
| Highland | 785 | $250,001 | $855,400 | 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 Sharptown With Other Cities
Frequently Asked Questions about Sharptown
What is the population of Sharptown, MD?
The population of Sharptown, MD is 764 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 Sharptown?
The median household income in Sharptown, MD is $85,357 per year, which is 14% above the national median of $75,149.
What is the median home value in Sharptown?
The median home value in Sharptown, MD is $187,100, which is 24% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Sharptown?
The median monthly rent in Sharptown, MD is $1,118, which is 4% below the national average of $1,163/month.
What is the unemployment rate in Sharptown?
The unemployment rate in Sharptown, MD is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Sharptown, MD a good place to live?
Sharptown offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 764 and a median age of 35.5, the city appeals to a broad range of residents.
How educated is Sharptown, MD?
20.2% of residents in Sharptown 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 Sharptown?
Key cost-of-living indicators for Sharptown, MD: median home value is $187,100 (24% below national), median rent is $1,118/month, and median household income is $85,357. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Sharptown?
The poverty rate in Sharptown, MD is 4.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Sharptown, MD?
Sharptown's population is 0.0% White, 0.3% Hispanic or Latino, 0.1% Black or African American, 1.3% Asian, and 5.0% two or more races. 2.1% of residents are foreign-born.