Vale Summit, MD Profile: Facts & Data

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Vale Summit, Maryland - Basic Facts

The Vale Summit Census Designated Place had a population of 145 as of July 1, 2019. Vale Summit ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Maryland. See peer rankings below.

The primary coordinate point for Vale Summit is located at latitude 39.6187 and longitude -78.9061 in Allegany County. The formal boundaries for the Vale Summit Census Designated Place encompass a land area of 0.98 sq. miles and a water area of 0 sq. miles. Allegany County is in the Eastern time zone (GMT -5). The elevation is 2,024 feet.

The Vale Summit Census Designated Place (GNIS ID: 2583699) 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.

The Vale Summit Census Designated Place is located within District 24, Eckhart, a minor civil division (MCD) of Allegany County.

Alternate Unofficial Names for Vale Summit: Pompey Smash.

Jump to... (On This Page!)
  1. Vale Summit 2019 Demographic Data
  2. Growth Rates for Vale Summit (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Maryland Research Tools (Easy Tools & Current Data)
  3. Maryland Data Comparison Tool - 2019 Demographics

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Vale Summit, MD Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Vale Summit, MD Housing Affordability Index is 0
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

Vale Summit, MD Wealth Index is 80
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.

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  1. For information about schools and school attendance zones, use the HTL Address Tool
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  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Maryland COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 145 (100%)
Population in Households 145 (100.0%)
Population in Families 126 (86.9%)
Population in Group Quarters1 0
Population Density 147
Diversity Index2 4
 

INCOME

Median Household Income $54,978
Average Household Income $69,185
Per Capita Income $26,689
Wealth Index4 80

HOUSING

Total Housing Units 64 (100%)
Owner Occupied HU 50 (78.1%)
Renter Occupied HU 8 (12.5%)
Vacant Housing Units 6 ( 9.4%)
Median Home Value $125,000
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 58
Average Household Size 2.5
Family Households 43
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.46% -0.14%
Households 0.58% 0.0%
Families 1.06% 0.0%
Median Household Income   0.85%
Per Capita Income   2.9%

Vale Summit, MD - Peer Comparisons by Rank and Percentile

The table below compares Vale Summit to the other 518 incorporated cities, towns and CDPs 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.

Variable Description Rank Percentile
Total Population # 464 11th
Population Density # 489 6th
Diversity Index # 507 2nd
Median Household Income # 405 22nd
Per Capita Income # 404 22nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Maryland Census Data Comparison Tool.

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