Allegany County MD Data & Peer Group Rankings

HOUSING AFFORDABILITY INDEX
Allegany County MD Housing Affordability Index is 152 State of Maryland Housing Affordability Index is 118
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.

WEALTH INDEX
Allegany County MD Wealth Index is 57 State of Maryland Wealth Index is 141
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties / Independent Cities, and ZIP Codes.

POPULATION
Total Population	72,335 (100%)
Population in Households	64,738 (89.5%)
Population in Families	49,178 (68.0%)
Population in Group Quarters¹	7,597 (10.5%)
Population Density	171
Diversity Index²	25

INCOME
Median Household Income	$42,880
Average Household Income	$57,071
Per Capita Income	$22,465
Wealth Index⁴	57

HOUSING
Total Housing Units	33,311 (100%)
Owner Occupied HU	17,651 (53.0%)
Renter Occupied HU	10,541 (31.6%)
Vacant Housing Units	5,119 (15.4%)
Median Home Value	$128,982
Housing Affordability Index³	152

HOUSEHOLDS
Total Households	28,192
Average Household Size	2.3
Family Households	17,099
Average Family Size	3

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 race 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 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.

Allegany County MD - Peer Comparisons by Rank and Percentile

The table below compares Allegany County to the other 24 counties / independent cities and county equivalents in Maryland by rank and percentile using July 1, 2019 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	2010-2019	2019-2024
Population	-0.4%	-0.62%
Households	-0.37%	-0.68%
Families	-0.53%	-0.79%
Median Household Income		1.18%
Per Capita Income		1.99%

Variable Description	Rank	Percentile
Total Population	# 16	38th
Population Density	# 16	38th
Diversity Index	# 22	13th
Median Household Income	# 23	8th
Per Capita Income	# 23	8th

Allegany County MD Information

Allegany County MD Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Allegany County MD - Peer Comparisons by Rank and Percentile

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