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Halfway, 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
10,849
Population
$71,036
Median Income
$253,300
Home Value
42.9
Median Age

Demographics

Halfway has a population of 10,849 with a median age of 42.9. Here is the racial and ethnic breakdown of the population:

White
80.0%
Hispanic
8.0%
Other
7.4%
Black
2.3%
Asian
2.3%
Demographic Value
Total Population10,849
Median Age42.9
White80.0%
Black or African American2.3%
Asian2.3%
Hispanic or Latino8.0%
Other / Two or More Races7.4%
Halfway, Maryland — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 80.0%Hispanic/Latino: 8.0%Other: 7.4%Asian: 2.3%Black: 2.3%10,849PopulationWhiteWhite80.0%Hispanic/LatinoHispanic/Latino8.0%OtherOther7.4%AsianAsian2.3%BlackBlack2.3%

Income & Economy

The median household income in Halfway is $71,036, which is 11.9% below the national median of $80,610. The per capita income is $38,234. The poverty rate is 10.5%.

$71,036
Median Household Income
$38,234
Per Capita Income
10.5%
Poverty Rate

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Education

In Halfway, 89.8% of residents age 25+ have a high school diploma or higher, and 21.3% hold a bachelor's degree or higher (9.0% with a graduate or professional degree).

HS Diploma+
89.8%
Bachelor's+
21.3%
Graduate+
9.0%
Education Level % of Adults (25+)
High School Diploma or Higher89.8%
Bachelor's Degree or Higher21.3%
Graduate or Professional Degree9.0%

Housing

The median home value in Halfway is $253,300, below the national median of $303,400. The median monthly rent is $1,269. The homeownership rate is 71.6%.

$253,300
Median Home Value
$1,269/mo
Median Rent
71.6%
Homeownership Rate
Housing Metric Value
Median Home Value$253,300
Median Monthly Rent$1,269
Homeownership Rate71.6%
Vacancy Rate8.5%

Salaries in Maryland

Explore salary data for popular occupations in Maryland:

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Other Cities in Maryland

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Frequently Asked Questions

What is the population of Halfway, Maryland?
The population of Halfway, Maryland is 10,849 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Halfway, Maryland?
The median household income in Halfway, Maryland is $71,036. This is 11.9% below the national median of $80,610.
What is the median home value in Halfway, Maryland?
The median home value in Halfway, Maryland is $253,300. The median monthly rent is $1,269.
What percentage of people in Halfway have a college degree?
In Halfway, Maryland, 21.3% of adults age 25 and older hold a bachelor's degree or higher, and 89.8% have a high school diploma or higher.
Is Halfway, Maryland an affordable place to live?
The home price-to-income ratio in Halfway, Maryland is 3.6x (median home value $253,300 vs. median income $71,036), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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