Federalsburg has a population of approximately 2,824 and experiences a population change rate of 7.79%. The population density is 1,463.2 / sq mi .
Federalsburg has a population of approximately 2,824 and experiences a population change rate of 7.79%. The population density is 1,463.2 / sq mi .
The median household income for Federalsburg is $31,532, with 996 households and an average household size of 2.82.
The median value of a home in Federalsburg is $189,400 with an appreciation rate of 14.50%. 36.16% of housing in the state is owned while 53.65% is rented.
The cost of living in Federalsburg is 87.4 %.
The unemployment rate in Federalsburg is 1.70%, and recent job growth is at 4.65%. Future job growth is projected at 33.81%.
The sales tax rate in Federalsburg is 6.00%, while the income tax rate is 4.75% .
School expenditures in Federalsburg are $24,864, and the school ratio is 13.3:1.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 26.9 degrees. The average rainfall is approximately 45.4 inches per year, with 10.7 inches of snow per year.