Drum Point, MD

Drum Point, MD

At a Glance

How Drum Point Compares to the U.S. Average

Each bar shows Drum Point's value as a percentage of the national average (100% = U.S. avg)

Is Drum Point a Good Place to Live?

Economy & Jobs

Drum Point residents earn a median household income of $133,059 , which is 77% above the national average of $75,149. Per capita income is $49,572. The unemployment rate stands at 6.6% (83% above the U.S. rate of 3.6%). 9.9% of residents live below the poverty line. The area is home to 2,185 business establishments, including 211 restaurants.

Housing & Cost of Living

The median home value in Drum Point is $383,200 , 36% above the national median of $281,900. Zillow estimates the typical home at $447,045. Median rent is $1,714/month, with 21.9% of renters spending more than 30% of income on housing. The cost of living index is 105.0 (100 = national average). The median home was built in 1991.

Education

35.9% of adults in Drum Point hold a bachelor's degree or higher (7% above the national average). 96.0% have completed high school. Local schools score 6.3/10 in standardized testing.

Climate & Weather

Drum Point has an average annual temperature of 58°F (15°C). Winters average 37°F in January while summers reach 79°F in July. Annual precipitation totals 45.3 inches.

Data Overview

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