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Prince Frederick, 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
2,955
Population
$80,391
Median Income
$404,400
Home Value
35.9
Median Age

Demographics

Prince Frederick has a population of 2,955 with a median age of 35.9. Here is the racial and ethnic breakdown of the population:

White
51.4%
Black
24.0%
Hispanic
13.8%
Other
7.3%
Asian
3.5%
Demographic Value
Total Population2,955
Median Age35.9
White51.4%
Black or African American24.0%
Asian3.5%
Hispanic or Latino13.8%
Other / Two or More Races7.3%
Prince Frederick, Maryland — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 51.4%Black: 24.0%Hispanic/Latino: 13.8%Other: 7.3%Asian: 3.5%2,955PopulationWhiteWhite51.4%BlackBlack24.0%Hispanic/LatinoHispanic/Latino13.8%OtherOther7.3%AsianAsian3.5%

Income & Economy

The median household income in Prince Frederick is $80,391, which is 0.3% below the national median of $80,610. The per capita income is $42,779. The poverty rate is 11.0%.

$80,391
Median Household Income
$42,779
Per Capita Income
11.0%
Poverty Rate

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Education

In Prince Frederick, 92.0% of residents age 25+ have a high school diploma or higher, and 22.8% hold a bachelor's degree or higher (9.9% with a graduate or professional degree).

HS Diploma+
92.0%
Bachelor's+
22.8%
Graduate+
9.9%
Education Level % of Adults (25+)
High School Diploma or Higher92.0%
Bachelor's Degree or Higher22.8%
Graduate or Professional Degree9.9%

Housing

The median home value in Prince Frederick is $404,400, above the national median of $303,400. The median monthly rent is $1,377. The homeownership rate is 47.8%.

$404,400
Median Home Value
$1,377/mo
Median Rent
47.8%
Homeownership Rate
Housing Metric Value
Median Home Value$404,400
Median Monthly Rent$1,377
Homeownership Rate47.8%
Vacancy Rate3.6%

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 Prince Frederick, Maryland?
The population of Prince Frederick, Maryland is 2,955 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Prince Frederick, Maryland?
The median household income in Prince Frederick, Maryland is $80,391. This is 0.3% below the national median of $80,610.
What is the median home value in Prince Frederick, Maryland?
The median home value in Prince Frederick, Maryland is $404,400. The median monthly rent is $1,377.
What percentage of people in Prince Frederick have a college degree?
In Prince Frederick, Maryland, 22.8% of adults age 25 and older hold a bachelor's degree or higher, and 92.0% have a high school diploma or higher.
Is Prince Frederick, Maryland an affordable place to live?
The home price-to-income ratio in Prince Frederick, Maryland is 5.0x (median home value $404,400 vs. median income $80,391), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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