Caroline County, Maryland
Income Data
At a Glance
How Caroline County Compares
Detailed Income Statistics
Data Story
About Household Income in Caroline County, Maryland
Caroline County trails national income average
Caroline County's median household income of $66,368 runs 11% below the national median of $74,755, reflecting the economic constraints of rural Eastern Shore communities. The county's per capita income of $33,898 also lags national benchmarks.
Lower-middle tier in Maryland income rankings
Caroline County's median household income of $66,368 ranks in the lower-middle tier of Maryland counties, trailing the state average of $94,152 by nearly $28,000. The county's per capita income of $33,898 falls well below the state average of $46,948.
Comparable to other rural Eastern Shore counties
Caroline County's median household income of $66,368 exceeds only Allegany County ($57,393) among Maryland's smaller jurisdictions, but trails Cecil County ($91,146) and other northern counties. Eastern Shore communities generally face steeper income challenges than Baltimore region or Western Maryland.
Affordable housing supports household budgets
Caroline County's rent-to-income ratio of 19.4% indicates manageable housing costs, well below the 30% cost-burden threshold. With median home values of $272,400, the county offers relatively affordable homeownership for regional standards.
Start small, build steadily over time
Caroline County's lower incomes require disciplined financial planning, but affordable housing creates opportunities for savings and investment. Open a high-yield savings account, contribute even modest amounts to retirement accounts, and explore employer benefits that match or enhance your contributions.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Caroline County median
County median: $66,368 per year
vs. County Median
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vs. State Average
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vs. National Median
-11%
Income Adequacy
Your monthly income ($5,531) vs. median rent ($1,070/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.