Last updated: 2024 BLS data · Page refreshed:
Preakness has a population of 18,520 with a median age of 41.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 18,520 |
| Median Age | 41.0 |
| White | 70.8% |
| Black or African American | 3.1% |
| Asian | 12.2% |
| Hispanic or Latino | 13.5% |
The median household income in Preakness is $133,205, which is 65.2% above the national median of $80,610. The per capita income is $57,082. The poverty rate is 3.3%.
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In Preakness, 95.9% of residents age 25+ have a high school diploma or higher, and 57.1% hold a bachelor's degree or higher (24.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.9% |
| Bachelor's Degree or Higher | 57.1% |
| Graduate or Professional Degree | 24.1% |
The median home value in Preakness is $617,700, above the national median of $303,400. The median monthly rent is $1,918. The homeownership rate is 70.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $617,700 |
| Median Monthly Rent | $1,918 |
| Homeownership Rate | 70.6% |
| Vacancy Rate | 2.3% |
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