Elkridge, MD
Real Estate & Demographic Data

Elkridge profile

Living in Elkridge

Elkridge is a medium-sized town located in the state of Maryland. With a population of 25,171 people and six constituent neighborhoods, Elkridge is the 45th largest community in Maryland. There's nothing like the smell of a brand new house, and in Elkridge, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Elkridge, and putting down their money on brand new construction. Elkridge’s real estate is, on average, some of the newest in the nation. Elkridge does seem to be experiencing an influx of affluent people, because the median household income is $108,627.00.

Housing costs in Elkridge are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Maryland.

Elkridge is a decidedly white-collar town, with fully 86.23% of the workforce employed in white-collar jobs, well above the national average. Overall, Elkridge is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Elkridge who work in management occupations (13.58%), computer science and math (10.60%), and business and financial occupations (10.37%).

Also of interest is that Elkridge has more people living here who work in computers and math than 95% of the places in the US.

Telecommuters are a relatively large percentage of the workforce: 10.59% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Do you like to read, write and learn? If you move to Elkridge, you'll likely find that many of your neighbors like to as well. Elkridge is one of the more educated communities in America, with a full 52.72% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Elkridge in 2018 was $45,744, which is upper middle income relative to Maryland, and wealthy relative to the rest of the US. This equates to an annual income of $182,976 for a family of four. However, Elkridge contains both very wealthy and poor people as well.

Elkridge is an extremely ethnically-diverse town. The people who call Elkridge home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Elkridge residents report their race to be White, followed by Black or African-American. Important ancestries of people in Elkridge include German, Irish, English, Italian, and Polish.

Foreign born people are also an important part of Elkridge's cultural character, accounting for 20.41% of the town’s population.

The most common language spoken in Elkridge is English. Other important languages spoken here include Chinese and Spanish.