Income & Economy in Herald Harbor, MD

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$139,877

+91% vs national

Per Capita Income

$75,561

+103% vs national

Poverty Rate

1.6%

-89% vs national

Gini Index

0.3480

0 = perfect equality

Unemployment

2.6%

-50% vs national

SNAP Recipients

0.0%

of households

How Herald Harbor Compares

Source: Census ACS (2023)

Herald Harbor vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Herald Harbor is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Herald Harbor. The median household income here is $139,877.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
2.2%
$25-50K
6.9%
$50-75K
5.5%
$75-100K
6.2%
$100-150K
31.4%
$150-200K
11.2%
$200K+
36.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

2.6%

-45% vs MD avg

Labor Force

1,463

Employed

1,425

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

40.6%

of adults 25+

High School Diploma+

49.7%

of adults 25+

Median Age

43.0

Work from Home

18.4%

of workers

The median household income in Herald Harbor, MD is $139,877, which is 91.0% above the national average of $73,224. Per capita income is $75,561. The poverty rate of 1.6% is lower than the MD state average of 9.4%. The Gini index of income inequality is 0.3480, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 2.6%, compared to the state average of 4.7%. 40.6% of adults hold a bachelor's degree or higher.