IncomeBy County

Allegany County, Maryland

Income Data

U.S. Census Bureau ACS
-39% vs. Maryland average
$57,393
Median Household Income
$30,046
Per Capita Income

At a Glance

Median Household Income
$57,393
-39% vs. state avg
Per Capita Income
$30,046
-24% vs. national
Income-to-Housing Ratio
38.5%
income as % of home value
Rank in Maryland
#23 / 24
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Allegany County Compares

Allegany County$57,393
Maryland Average$94,152
National Median$74,755

Detailed Income Statistics

$57,393
Median Household Income
$30,046
Per Capita Income
$149,200
Median Home Value
38.5%
Income-to-Housing Ratio

Income Advisory: Allegany County

Income Verdict

Allegany County has a median household income of $57,393 and per capita income of $30,046 — a gap of $27,347, suggesting a typical mix of dual-income and single-earner households.

Housing Affordability

With median gross rent at $786/month and a median household income of $57,393, rent consumes approximately 16.4% of monthly income — well within affordable thresholds.

Economic Context

With a median household income of $57,393, residents of Allegany County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $30,046 is in line with national norms for individual earners.

Neighbor Context

Allegany County earns approximately 39% below the Maryland state median household income of $94,152.

Data Story

About Household Income in Allegany County, Maryland

Allegany lags the national income average

Allegany County's median household income of $57,393 falls 23% below the national median of $74,755, placing it in the lower tier nationally. This gap reflects economic headwinds that many industrial communities in the Mid-Atlantic region face as manufacturing shrinks.

Bottom quartile among Maryland counties

At $57,393, Allegany's median household income ranks in the bottom quartile of Maryland's 24 jurisdictions, trailing the state average of $94,152 by $36,759. The county's per capita income of $30,046 also lags the state average of $46,948 significantly.

Weaker than adjacent rural counties

Allegany's median household income trails Caroline County ($66,368) and falls well short of nearby Baltimore County ($90,904) and Cecil County ($91,146). Among Western Maryland's smaller communities, Allegany faces steeper income challenges than neighboring jurisdictions.

Affordable housing, but tight finances

The rent-to-income ratio of 16.4% suggests housing affordability is manageable—well below the 30% threshold that indicates cost burden. However, with a median income significantly below state and national levels, households have less discretionary income for savings and emergencies.

Build stability through financial planning

While Allegany's income lags regional benchmarks, the low cost of living offers an opportunity to prioritize emergency savings and retirement contributions. Consider speaking with a financial advisor about low-cost investment options and programs that help build long-term wealth despite modest household earnings.

Frequently Asked Questions

What is the median household income in Allegany County, Maryland?
The median household income in Allegany County, Maryland is $57,393, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Allegany County?
The per capita income in Allegany County is $30,046, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $57,393.
How does Allegany County compare to the Maryland average?
Allegany County's median household income of $57,393 is lower than the Maryland state average of $94,152. The per capita income is $30,046, compared to the state average of $46,948.
What is the per capita income in Allegany County, Maryland?
The per capita income in Allegany County, Maryland is $30,046, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Allegany County a low-income area in Maryland?
Allegany County's median household income of $57,393 is below the Maryland average of $94,152. The per capita income of $30,046 is also lower than the state average of $46,948. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Allegany County rank for income in Maryland?
Allegany County ranks #23 out of 24 counties in Maryland by median household income (1 = highest). With a median household income of $57,393 and per capita income of $30,046, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Allegany County

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Your income is above the Allegany County median

County median: $57,393 per year

vs. County Median

+0%

vs. State Average

-39%

vs. National Median

-23%

vs. Allegany County MedianAbout equal
vs. Maryland Average▼ 39% below
vs. National Median▼ 23% below

Income Adequacy

Monthly income covers median rent6.1x

Your monthly income ($4,783) vs. median rent ($786/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Counties with Similar Income Levels

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$57,353
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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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