Talbot County MD Data & Peer Group Rankings

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

POPULATION
Total Population	38,304
Population in Households	37,921
Population in Familes	30,214
Population in Group Qrtrs	383
Population Density	143
Diversity Index¹	44

INCOME
Median Household Income	$63,584
Average Household Income	$95,094
Per Capita Income	$40,558
Wealth Index³	142

HOUSING
Total Housing Units	20,145 (100%)
Owner Occupied HU	10,703 (53.1%)
Renter Occupied HU	5,625 (27.9%)
Vacant Housing Units	3,817 (18.9%)
Median Home Value	$324,853
Housing Affordability Index²	99

HOUSEHOLDS
Total Households	16,328
Average Household Size	2.32
Family Households	10,674
Average Family Size	3

NOTES

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.

GROWTH RATE / YEAR	2010-2019	2019-2024
Population	0.15%	-0.18%
Households	0.11%	-0.2%
Families	-0.03%	-0.3%
Median Household Income		1.08%
Per Capita Income		1.23%

Talbot County MD - Peer Comparisons by Rank and Percentile

The table below compares Talbot 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.

Variable Description	Rank	Percentile
Total Population	# 19	25th
Population Density	# 17	33rd
Diversity Index	# 14	46th
Median Household Income	# 14	46th
Per Capita Income	# 9	67th

Variable Description

Rank

Percentile

Total Population

# 19

25th

Population Density

# 17

33rd

Diversity Index

# 14

46th

Median Household Income

# 14

46th

Per Capita Income

# 9

67th

Maryland Census Data Comparison Tool

Talbot County MD Information

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Talbot County MD - Peer Comparisons by Rank and Percentile

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