Income & Economy in Oldtown, MD

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

Income Overview

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

Median Household Income

$66,250

-10% vs national

Per Capita Income

$23,263

-37% vs national

Poverty Rate

0.0%

-100% vs national

Gini Index

0.1943

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

33.3%

of households

How Oldtown Compares

Source: Census ACS (2023)

Oldtown vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Oldtown 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 Oldtown. The median household income here is $66,250.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
33.3%
$50-75K
66.7%

Employment Snapshot

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

Unemployment Rate

0.0%

-100% vs MD avg

Labor Force

33

Employed

33

Education & Workforce

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

Bachelor's Degree+

13.3%

of adults 25+

High School Diploma+

48.0%

of adults 25+

Median Age

62.4

Work from Home

0.0%

of workers

The median household income in Oldtown, MD is $66,250, which is 9.5% below the national average of $73,224. Per capita income is $23,263. The poverty rate of 0.0% is lower than the MD state average of 9.4%. The Gini index of income inequality is 0.1943, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 4.7%. 13.3% of adults hold a bachelor's degree or higher.