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Mount Savage, 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
514
Population
$51,691
Median Income
$108,300
Home Value
47.2
Median Age

Demographics

Mount Savage has a population of 514 with a median age of 47.2. Here is the racial and ethnic breakdown of the population:

White
95.7%
Other
3.1%
Hispanic
0.8%
Demographic Value
Total Population514
Median Age47.2
White95.7%
Black or African American0.4%
Hispanic or Latino0.8%
Other / Two or More Races3.1%
Mount Savage, Maryland — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.7%Other: 3.1%Other: 1.2%514PopulationWhiteWhite95.7%OtherOther3.1%OtherOther1.2%

Income & Economy

The median household income in Mount Savage is $51,691, which is 35.9% below the national median of $80,610. The per capita income is $38,660. The poverty rate is 16.1%.

$51,691
Median Household Income
$38,660
Per Capita Income
16.1%
Poverty Rate

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Education

In Mount Savage, 99.0% of residents age 25+ have a high school diploma or higher, and 23.0% hold a bachelor's degree or higher (10.3% with a graduate or professional degree).

HS Diploma+
99.0%
Bachelor's+
23.0%
Graduate+
10.3%
Education Level % of Adults (25+)
High School Diploma or Higher99.0%
Bachelor's Degree or Higher23.0%
Graduate or Professional Degree10.3%

Housing

The median home value in Mount Savage is $108,300, below the national median of $303,400. The median monthly rent is $649. The homeownership rate is 81.2%.

$108,300
Median Home Value
$649/mo
Median Rent
81.2%
Homeownership Rate
Housing Metric Value
Median Home Value$108,300
Median Monthly Rent$649
Homeownership Rate81.2%
Vacancy Rate23.2%

Salaries in Maryland

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Other Cities in Maryland

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Frequently Asked Questions

What is the population of Mount Savage, Maryland?
The population of Mount Savage, Maryland is 514 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Mount Savage, Maryland?
The median household income in Mount Savage, Maryland is $51,691. This is 35.9% below the national median of $80,610.
What is the median home value in Mount Savage, Maryland?
The median home value in Mount Savage, Maryland is $108,300. The median monthly rent is $649.
What percentage of people in Mount Savage have a college degree?
In Mount Savage, Maryland, 23.0% of adults age 25 and older hold a bachelor's degree or higher, and 99.0% have a high school diploma or higher.
Is Mount Savage, Maryland an affordable place to live?
The home price-to-income ratio in Mount Savage, Maryland is 2.1x (median home value $108,300 vs. median income $51,691), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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