Algonquin, MD Profile: Facts & Data

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Algonquin, Maryland - Basic Facts

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The Algonquin CDP(1) had a population of 1,219 as of July 1, 2022.

The primary coordinate point for Algonquin is located at latitude 38.5829 and longitude -76.1058 in Dorchester County. The formal boundaries for the Algonquin Census Designated Place encompass a land area of 0.74 sq. miles and a water area of 2.09 sq. miles. Dorchester County is in the Eastern time zone (GMT -5). The elevation is 13 feet.

The Algonquin 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.

The Algonquin Census Designated Place is located within District 7, Cambridge, a minor civil division (MCD) of Dorchester County.


  1. 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.

Jump to... (On This Page!)
  1. Algonquin 2022 Demographic Data
  2. Growth Rates for Algonquin (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 - 2022 Demographics
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Algonquin, MD Data & Demographics (As of July 1, 2022)

POPULATION

Total Population 1,219 (100%)
Population in Households 1,207 (99.0%)
Population in Families 999 (82.0%)
Population in Group Quarters1 12 ( 1.0%)
Population Density 1,623
Diversity Index2 31
 
 

INCOME

Median Household Income $86,829
Average Household Income $145,084
% of Income for Mortgage4 15%
Per Capita Income $66,138
Wealth Index5 220
 

HOUSING

Total HU (Housing Units) 632 (100%)
Owner Occupied HU 500 (79.1%)
Renter Occupied HU 78 (12.3%)
Vacant Housing Units 54 ( 8.5%)
Median Home Value $249,613
Average Home Value $350,952
Housing Affordability Index3 171
 

HOUSEHOLDS

Total Households 578
Average Household Size 2.09
Family Households 397
Average Family Size 3.00
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 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.
  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 % 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).
  5. 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

2020-2022 2022-2027
Population -0.04% 0.02%
Households 0.31% 0.17%
Families   0.10%
Median Household Income   2.08%
Per Capita Income   3.13%
Owner Occupied HU   0.28%

Algonquin, MD - Peer Comparisons by Rank and Percentile

The table below compares Algonquin to the other 536 incorporated cities, towns and CDPs in Maryland by rank and percentile using July 1, 2022 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 # 312 42nd
Population Density # 228 58th
Median Household Income # 264 51st
Housing Affordability Index # 493 92nd
Per Capita Income # 60 89th
Diversity Index # 379 29th

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

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