Pros and Cons of Living In Colesville, Maryland. Is Colesville, MD a Nice Place To Live or Retire?

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Colesville, Maryland

Moving to Colesville In Maryland ? Is Colesville, MD a Nice Place To Live? Pros and Cons of Living in Colesville, Maryland. Find out the best and worst about to live, raise a family or retire in Colesville.

Colesville is a census-designated place and an unincorporated area in Montgomery County, Maryland, United States. It had a population of 15,421 as of the 2020 census.

DEMOGRAPHICS

Population
14397
Unemployment
4.5%
4% NAT AVG.
Poverty
6.6%
53% NAT AVG.
Cost Of Living
140
40% NAT AVG.

ECONOMICS

Median Home Cost
$463100
102% NAT AVG.
Median Income
$126063
87% NAT AVG.
Median Rent
$1477
27% NAT AVG.
Overall Score
7

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 15
Unemployed People
1 in 22
People Earning < $10,000
1 in 42
People Earning < $50,000
16.5%
People With Any Degree
1 in 1.6

ETHNICITY

Ethnicity Colesville USA
White 33.4% 60.1%
African American 28.1% 12.2%
American Indian 0% 0.6%
Asian 17.1% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 4% 2.8%
Hispanic 16.8% 18.2%
Other 0.5% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Colesville USA
Less than $10,000 2.4% 5.8%
$10,000 to $14,999 0.1% 4.1%
$15,000 to $24,999 1.9% 8.5%
$25,000 to $34,999 7.3% 8.6%
$35,000 to $49,999 4.8% 12.0%
$50,000 to $74,999 13% 17.2%
$75,000 to $99,999 9.7% 12.8%
$100,000 to $149,999 18.6% 15.6%
$150,000 to $199,999 14.9% 7.1%

EDUCATION

Education Colesville USA
< 9th Grade 5% 5.0%
9-12th Grade 4% 7.0%
High School or GED 13% 27.0%
Other College 14% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 28% 20.0%
Master's Degree 17% 9.0%
Professional Degree 6% 2.0%
Doctorate Degree 6% 1.0%
Colesville is a city in Maryland state in USA with a population of 14397 residents.. The poverty rate of Colesville is 6.6%, which is 53% lower than national average. The typical household in Colesville earns $126063 a year, compared to the national median of $67,500. Nearly 16.5% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Colesville remained 4.5%, which is 4% lower than national rate.

Cost of living in Colesville is 140, which is 40% higher than national average. In Colesville, only 57% of adults have a bachelor's degree and 21% have some college but no degree. Median home value in Colesville is $463100 , which is 102% higher than national average. While median income in Colesville remained $126063, which is 87% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Colesville Scorecard

Jobs85%

Housing90%

Affordability80%

Safety90%

Amenities90%

Diversity100%

Education85%

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