The median household income for Loveville, MD 20656 is $50,547, with 50 households and an average household size of 1.68.
20656, Loveville, MD
The median household income for Loveville, MD 20656 is $50,547, with 50 households and an average household size of 1.68.
The median value of a home in Loveville, MD 20656 is $393,500 with an appreciation rate of 12.70%. 82.00% of housing in the state is owned while 18.00% is rented.
The cost of living in Loveville, MD 20656 is 118.6 %.
The unemployment rate in Loveville, MD 20656 is 1.60%, and recent job growth is at 0.97%. Future job growth is projected at 29.06%.
The sales tax rate in Loveville, MD 20656 is 6.00%, while the income tax rate is 4.75% .
School expenditures in Loveville, MD 20656 are $15,242, and the school ratio is 15.9:1.
The average high temperature in July is 87.8 degrees, with an average low temperature in January of 27.7 degrees. The average rainfall is approximately 45.4 inches per year, with 14.2 inches of snow per year.