Beaver Creek, MD Profile: Facts & Data

The Beaver Creek CDP⁽¹⁾ had a population of 461 as of July 1, 2024. Beaver Creek ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Maryland. See peer rankings below.

The Beaver Creek Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Beaver Creek, MD Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	461 (100%)
Population in Households	461 (100.0%)
Population in Families	393 (85.2%)
Population in Group Quarters¹	0
Population Density	401
Diversity Index²	36


INCOME
Median Household Income	$163,461
Average Household Income	$185,522
% of Income for Mortgage⁴	20%
Per Capita Income	$73,645
Wealth Index⁵	215
Socioeconomic Status Index⁶	High (72.8)

HOUSING
Total HU (Housing Units)	195 (100%)
Owner Occupied HU	152 (77.9%)
Renter Occupied HU	31 (15.9%)
Vacant Housing Units	12 ( 6.2%)
Median Home Value	$519,231
Average Home Value	$570,888
Housing Affordability Index³	123

HOUSEHOLDS
Total Households	183
Average Household Size	2.52
Family Households	140
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Beaver Creek, MD - Peer Comparisons by Rank and Percentile

The table below compares Beaver Creek to the other 536 incorporated cities, towns and CDPs in Maryland by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.00%	-0.39%
Households	0.13%	0.11%
Families		0.42%
Median Household Income		0.69%
Per Capita Income		2.93%
Owner Occupied HU		1.78%

Variable Description	Rank	Percentile
Total Population	# 389	28th
Population Density	# 435	19th
Median Household Income	# 55	90th
Housing Affordability Index	# 497	93rd
Per Capita Income	# 61	89th
Diversity Index	# 354	34th

Beaver Creek, MD Profile: Facts & Data

Beaver Creek, Maryland - Basic Facts

Beaver Creek, MD Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Beaver Creek, MD - Peer Comparisons by Rank and Percentile

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