Taneytown, MD
Population 7,295 · Maryland
About Taneytown, MD
Taneytown is a small town located in Maryland with a population of 7,295 residents according to the latest US Census Bureau American Community Survey data. The median household income is $78,726 per year, which is 5% 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 Taneytown features a median home value of $323,700, which is 32% above the national median of $244,900. This positions Taneytown in a moderately priced market relative to the rest of the country. Median monthly rent is $799, 31% below the national average of $1,163/month. Of the 2,960 total housing units, 80% are owner-occupied (2,237 units) and 20% are renter-occupied (556 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Taneytown shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 12.5%, above the national average of 12.4%. Workers in Taneytown have an average one-way commute time of 37.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
21.8% of Taneytown 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, 0.7% Hispanic or Latino, 0.4% Black or African American, and 3.2% Asian residents, with 5.0% of the population being foreign-born.
How Taneytown Ranks in Maryland
Cost of Living in Taneytown, MD
Compared to national averages, Taneytown has a median household income of $78,726 (5% above the national median of $75,149). Home values average $323,700, which is 32% above the national median. Monthly rent at $799 is 31% below the US average of $1,163. Within Maryland, Taneytown's income is 27% below the state average of $107,956, and home values are 20% below the state median of $402,447.
Why Live in Taneytown, MD?
Taneytown offers a strong local economy with a median household income of $78,726, well above the national average, and rent that’s lower than the national average at $799/month.
Taneytown has a population of 7,295 with a median age of 38.4 years. Compare Taneytown with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Taneytown
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Riverdale Park | 7,249 | $104,583 | $447,000 | Compare |
| Woodlawn CDP (Prince George's County), Maryland | 7,221 | $90,565 | $346,200 | Compare |
| Frostburg | 7,025 | $51,052 | $172,600 | Compare |
| Ocean City | 6,887 | $69,675 | $373,700 | Compare |
| Darnestown | 6,835 | $217,679 | $908,400 | Compare |
| Wildewood | 7,765 | $124,247 | $363,100 | Compare |
| Four Corners | 7,785 | $200,110 | $606,100 | Compare |
| Bowleys Quarters | 6,795 | $107,339 | $351,800 | 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 Taneytown With Other Cities
Frequently Asked Questions about Taneytown
What is the population of Taneytown, MD?
The population of Taneytown, MD is 7,295 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 Taneytown?
The median household income in Taneytown, MD is $78,726 per year, which is 5% above the national median of $75,149.
What is the median home value in Taneytown?
The median home value in Taneytown, MD is $323,700, which is 32% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Taneytown?
The median monthly rent in Taneytown, MD is $799, which is 31% below the national average of $1,163/month.
What is the unemployment rate in Taneytown?
The unemployment rate in Taneytown, MD is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Taneytown, MD a good place to live?
Taneytown offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 7,295 and a median age of 38.4, the city appeals to a broad range of residents.
How educated is Taneytown, MD?
21.8% of residents in Taneytown 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 Taneytown?
Key cost-of-living indicators for Taneytown, MD: median home value is $323,700 (32% above national), median rent is $799/month, and median household income is $78,726. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Taneytown?
The poverty rate in Taneytown, MD is 12.5%, 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 Taneytown, MD?
Taneytown's population is 0.0% White, 0.7% Hispanic or Latino, 0.4% Black or African American, 3.2% Asian, and 8.2% two or more races. 5.0% of residents are foreign-born.