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Annapolis, Maryland

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
40,720
Population
$113,860
Median Income
$548,900
Home Value
43.0
Median Age

Demographics

Annapolis has a population of 40,720 with a median age of 43.0. Here is the racial and ethnic breakdown of the population:

White
59.6%
Black
20.3%
Hispanic
14.8%
Asian
3.1%
Other
2.2%
Demographic Value
Total Population40,720
Median Age43.0
White59.6%
Black or African American20.3%
Asian3.1%
Hispanic or Latino14.8%
Other / Two or More Races2.2%
Annapolis, Maryland — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 59.6%Black: 20.3%Hispanic/Latino: 14.8%Asian: 3.1%Other: 2.2%40,720PopulationWhiteWhite59.6%BlackBlack20.3%Hispanic/LatinoHispanic/Latino14.8%AsianAsian3.1%OtherOther2.2%

Income & Economy

The median household income in Annapolis is $113,860, which is 41.2% above the national median of $80,610. The per capita income is $69,520. The poverty rate is 7.8%.

$113,860
Median Household Income
$69,520
Per Capita Income
7.8%
Poverty Rate

Employment

The unemployment rate in Annapolis is 2.5%, compared to the national rate of 4.1%.

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Education

In Annapolis, 91.0% of residents age 25+ have a high school diploma or higher, and 53.8% hold a bachelor's degree or higher (25.7% with a graduate or professional degree).

HS Diploma+
91.0%
Bachelor's+
53.8%
Graduate+
25.7%
Education Level % of Adults (25+)
High School Diploma or Higher91.0%
Bachelor's Degree or Higher53.8%
Graduate or Professional Degree25.7%

Housing

The median home value in Annapolis is $548,900, above the national median of $303,400. The median monthly rent is $1,860. The homeownership rate is 62.0%.

$548,900
Median Home Value
$1,860/mo
Median Rent
62.0%
Homeownership Rate
Housing Metric Value
Median Home Value$548,900
Median Monthly Rent$1,860
Homeownership Rate62.0%
Vacancy Rate8.2%

Salaries in Maryland

Explore salary data for popular occupations in Maryland:

See all Maryland salaries →

Other Cities in Maryland

See all Maryland cities →

Frequently Asked Questions

What is the population of Annapolis, Maryland?
The population of Annapolis, Maryland is 40,720 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Annapolis, Maryland?
The median household income in Annapolis, Maryland is $113,860. This is 41.2% above the national median of $80,610.
What is the median home value in Annapolis, Maryland?
The median home value in Annapolis, Maryland is $548,900. The median monthly rent is $1,860.
What percentage of people in Annapolis have a college degree?
In Annapolis, Maryland, 53.8% of adults age 25 and older hold a bachelor's degree or higher, and 91.0% have a high school diploma or higher.
Is Annapolis, Maryland an affordable place to live?
The home price-to-income ratio in Annapolis, Maryland is 4.8x (median home value $548,900 vs. median income $113,860), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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