Fort Meade is a somewhat small town located in the state of Maryland. With a population of 9,324 people and three associated neighborhoods, Fort Meade is the 85th largest community in Maryland. Much of the housing stock in Fort Meade was built relatively recently. The construction of new real estate can often be taken as an indication that the local Fort Meade economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Fort Meade, where the median household income is $102,886.00.
Fort Meade home prices are not only among the most expensive in Maryland, but Fort Meade real estate also consistently ranks among the most expensive in America.
23.78% of the workforce is employed in the armed forces, making the military a huge focus of life in Fort Meade. Even though it is a military town, the civilian sector still plays an important role in the local economy. The Public Service and Retail industries respectively employ 32.23% and 13.80% of the civilian workforce.
Also of interest is that Fort Meade has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Fort Meade telecommute to their jobs. Overall, about 11.74% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
Fort Meade is one of the most well-educated cities in the nation. 47.14% of adults in Fort Meade have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Fort Meade in 2022 was $38,144, which is lower middle income relative to Maryland, and upper middle income relative to the rest of the US. This equates to an annual income of $152,576 for a family of four. However, Fort Meade contains both very wealthy and poor people as well.
Fort Meade is an extremely ethnically-diverse town. The people who call Fort Meade home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Fort Meade residents report their race to be White, followed by Black or African-American. Fort Meade also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 16.41% of the town’s residents. Important ancestries of people in Fort Meade include German, Irish, English, Italian, and Polish.
The most common language spoken in Fort Meade is English. Other important languages spoken here include Spanish and Tagalog.