Elkridge has a population of approximately 24,115 and experiences a population change rate of 9.41%. The population density is 2,874.9 / sq mi .
Elkridge has a population of approximately 24,115 and experiences a population change rate of 9.41%. The population density is 2,874.9 / sq mi .
The median household income for Elkridge is $119,856, with 8,527 households and an average household size of 2.82.
The median value of a home in Elkridge is $435,300 with an appreciation rate of 10.60%. 62.15% of housing in the state is owned while 35.63% is rented.
The cost of living in Elkridge is 132.3 %.
The unemployment rate in Elkridge is 1.40%, and recent job growth is at 1.78%. Future job growth is projected at 33.80%.
The sales tax rate in Elkridge is 6.00%, while the income tax rate is 4.75% .
School expenditures in Elkridge are $17,912, and the school ratio is 13.5:1.
The average high temperature in July is 86.7 degrees, with an average low temperature in January of 23.8 degrees. The average rainfall is approximately 42.5 inches per year, with 16.9 inches of snow per year.