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CENSUS TRACT

Census Tract 5041

Maryland · Carroll County · 5,258 residents · 14.374 sq mi
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5042.015041
TRACT SHAPE · Carroll County, MD
The short version

Census Tract 5041 is significantly wealthier than the US average, with a median household income of $122,382. Population has held roughly steady since 2020. Median home value is $433,300. Poverty is rare here, at 3.8% of residents.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 42.4
US median: 38.9
More educated
43% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
5,258
+9%since 2020
from 4,844 in 2020
2020 – 2024
Population density
366 / sq mi
+9%since 2020
from 337 / sq mi in 2020
US average: 281
Median age
42.4
−7%since 2020
from 45.8 in 2020
US average: 38.9
Population, 20202024
5K5K5K5K5K20202024Census Tract 5041
20245K
20202024
Section 02

Income & economy

Median household income
$122,382
−14%inflation adjusted, since 2020
from $117,054 in 2020
US average: $82,259
2020 – 2024
Per capita income
$61,702
+22%since 2020
from $50,631 in 2020
US average: $44,673
Households earning $100K+
71.3%
+1.4 ptssince 2020
from 69.9% in 2020
US average: 53.3%
Poverty rate
3.8%
+1.8 ptssince 2020
from 2.0% in 2020
US average: 12.5%
Income inequality (Gini)
0.457
+21%since 2020
from 0.377 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade13.7%
US avg: 9.9%
Information13%
US avg: 10.8%
Other services7.1%
US avg: 6.7%
Wholesale trade6.8%
US avg: 6.9%
Public administration5.3%
US avg: 4.8%
Finance & insurance2.9%
US avg: 5.9%
Professional, scientific, technical2.9%
US avg: 5.1%
Transportation & warehousing1.5%
US avg: 2.2%
Agriculture, forestry, fishing1.5%
US avg: 1.6%
Construction1.5%
US avg: 1.2%
Arts, entertainment, food0.9%
US avg: 1.9%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$433,300
−3%inflation adjusted, since 2020
from $367,900 in 2020
US average: $376,019
2020 – 2024
Owner-occupied
98.0%
+3.8 ptssince 2020
from 94.3% in 2020
2.0% rent
Vacancy rate
0.4%
−4.6 ptssince 2020
from 5.1% in 2020
US average: 10.0%
Owner cost-burdened
23.2%
+7.7 ptssince 2020
from 15.6% in 2020
US average: 22.9%
Renter cost-burdened
0.0%
−27.2 ptssince 2020
from 27.2% in 2020
US average: 47.4%
Afford Score
3.5
+13%since 2020
from 3.1 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 5041 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic90.6%(4,389)
Black0.5%(22)
Hispanic / Latino1.9%(91)
Asian6.5%(313)
Other0.6%(29)
Diversity Score21.8%(1,056)
2024
White, non-Hispanic87.4%(4,594)
Black0.1%(7)
Hispanic / Latino4.4%(231)
Asian5%(263)
Other3.1%(163)
Diversity Score28.9%(1,520)
Diversity Score
29
+33%since 2020
from 22 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
43.3%
+4.5 ptssince 2020
from 38.8% in 2020
US average: 35.6%
High school or higher
97.5%
+3.5 ptssince 2020
from 94.0% in 2020
US average: 89.6%
Graduate degree
15.0%
+1.0 ptssince 2020
from 14.0% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
37.5 min
−11%since 2020
from 42.0 min in 2020
US average: 26.5
Drive alone to work
78.0%
−8.8 ptssince 2020
from 86.8% in 2020
US average: 68.9%
Carpooled to work
5.2%
−3.2 ptssince 2020
from 8.4% in 2020
US average: 8.5%
Public transit
0.7%
+0.7 ptssince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
15.0%
+10.6 ptssince 2020
from 4.5% in 2020
US average: 15.0%
Walked to work
0.0%
−0.4 ptssince 2020
from 0.4% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
1.4%
−0.2 ptssince 2020
from 1.6% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.0%
+1.0 ptssince 2020
from 4.0% in 2020
US average: 5.2%
Labor force participation
70.7%
+0.6 ptssince 2020
from 70.1% in 2020
US average: 63.5%
Self-employed
9.4%
+2.0 ptssince 2020
from 7.4% in 2020
US average: 13.1%
Management & professional
53.4%
+2.6 ptssince 2020
from 50.9% in 2020
US average: 42.5%
Section 08

People & community

Male
52.9%
+0.9 ptssince 2020
from 52.0% in 2020
Female
47.1%
−0.9 ptssince 2020
from 48.0% in 2020
Foreign born
7.5%
+1.8 ptssince 2020
from 5.7% in 2020
US average: 14.1%
Veterans
6.4%
−0.3 ptssince 2020
from 6.7% in 2020
US average: 6.2%
With a disability
11.8%
+1.7 ptssince 2020
from 10.1% in 2020
US average: 13.3%
Uninsured
1.4%
+0.7 ptssince 2020
from 0.7% in 2020
US average: 8.4%
Broadband at home
92.9%
+3.8 ptssince 2020
from 89.1% in 2020
US average: 91.0%
English only at home
93.2%
+0.7 ptssince 2020
from 92.5% in 2020
US average: 77.7%
Spanish at home
1.7%
+0.5 ptssince 2020
from 1.2% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 5,258 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $122,382 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $433,300.

How educated are people in this census tract?

About 43.3% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 3.8% of people in this census tract 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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