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CITY · 2020 ACS

Fairwood

Maryland · 7,983 residents · 3.412 sq mi
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The short version

Fairwood is significantly wealthier than the US average, with a median household income of $171,071. Population has grown 28% since 2019. 74% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $579,600. Poverty is rare here, at 1.9% of residents. Households here earn about 96% more than the Maryland median.

At a glance
Wealthier
above the US median
US median: $66,278
Mid-age
median age 39.9
US median: 38.8
More educated
74% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
7,983
+28%since 2019
from 6,261 in 2019
2010 – 2024
Population density
2,340 / sq mi
+28%since 2019
from 1,835 / sq mi in 2019
US average: 280
Median age
39.9
+2%since 2019
from 39.2 in 2019
US average: 38.8
Population, 2010 – 2024
4K5K6K7K8K201020202024Fairwood
20248K
201020202024
Section 02

Income & economy

Median household income
$171,071
+4%inflation adjusted, since 2019
from $162,697 in 2019
US average: $66,278
2010 – 2024
Per capita income
$64,293
+3%since 2019
from $62,640 in 2019
US average: $35,364
Households earning $100K+
88.0%
+0.2 ptssince 2019
from 87.8% in 2019
US average: 43.9%
Poverty rate
1.9%
+0.2 ptssince 2019
from 1.6% in 2019
US average: 12.8%
Workforce by industry, 2020
Other services7.5%
US avg: 6.6%
Finance & insurance4.6%
US avg: 5.5%
Arts, entertainment, food3.5%
US avg: 2%
Professional, scientific, technical3.2%
US avg: 4.7%
Information3.1%
US avg: 11.1%
Public administration2.8%
US avg: 4.7%
Retail trade2.2%
US avg: 10%
Education & health services1.4%
US avg: 0.8%
Wholesale trade1.2%
US avg: 6.7%
Agriculture, forestry, fishing0.4%
US avg: 1.7%
Construction0.4%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$579,600
+11%inflation adjusted, since 2019
from $514,500 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$2,867
−3%inflation adjusted, since 2019
from $2,918 in 2019
US average: $1,124
Owner-occupied
92.5%
+3.9 ptssince 2019
from 88.6% in 2019
7.5% rent
Afford Score
3.4
+7%since 2019
from 3.2 in 2019
2010 – 2024
RELATED:See current rent listings in Fairwood on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic8.8%(549)
Black78.7%(4,930)
Hispanic / Latino2%(126)
Asian7.8%(488)
Other2.7%(168)
Diversity Score45.6%(2,857)
2020
White, non-Hispanic7%(562)
Black76.1%(6,077)
Hispanic / Latino4.3%(342)
Asian7.7%(611)
Other1.4%(110)
Diversity Score45.4%(3,628)
Diversity Score
45
Unchangedsince 2019
from 46 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
74.0%
+2.6 ptssince 2019
from 71.4% in 2019
US average: 32.9%
High school or higher
97.0%
−1.5 ptssince 2019
from 98.4% in 2019
US average: 88.5%
Graduate degree
40.3%
+3.4 ptssince 2019
from 36.9% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
40.5 min
−5%since 2019
from 42.5 min in 2019
US average: 26.9
Drive alone to work
66.3%
Unchangedsince 2019
from 66.3% in 2019
US average: 75.1%
No vehicle available
0.7%
−0.4 ptssince 2019
from 1.1% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.9%
−0.8 ptssince 2019
from 3.7% in 2019
US average: 5.4%
Labor force participation
77.8%
+1.8 ptssince 2019
from 76.0% in 2019
US average: 63.4%
Management & professional
72.1%
+1.7 ptssince 2019
from 70.4% in 2019
US average: 39.3%
Section 08

People & community

Male
48.6%
+2.1 ptssince 2019
from 46.5% in 2019
Female
51.4%
−2.1 ptssince 2019
from 53.5% in 2019
Foreign born
17.7%
−2.3 ptssince 2019
from 20.0% in 2019
US average: 13.5%
Uninsured
3.9%
−0.5 ptssince 2019
from 4.4% in 2019
US average: 8.8%
Drill deeper

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Compare Fairwood to nearby cities

FAIRWOOD VS
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FAIRWOOD VS
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FAIRWOOD VS
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FAIRWOOD VS
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Frequently asked

How many people live in Fairwood, Maryland?

Fairwood, Maryland has about 7,983 residents according to the 2020 American Community Survey.

What is the median household income in Fairwood, Maryland?

The typical household in Fairwood, Maryland earns about $171,071 a year. Half of households make more than that, and half make less.

Is Fairwood, Maryland expensive?

In Fairwood, Maryland, the median home is worth about $579,600, and the typical rent is about $2,867 a month.

How educated are people in Fairwood, Maryland?

About 74.0% of adults age 25 and over in Fairwood, Maryland hold a bachelor's degree or higher.

What is the poverty rate in Fairwood, Maryland?

About 1.9% of people in Fairwood, Maryland live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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