Maryland · Metropolitan Area
Eldorado is a small town in Maryland with a population of 39. Residents earn $49,375 per year, which is 34% below the national average.
Based on current data, Eldorado receives an overall livability score of 3.3 out of 5.0, earning a grade of B. Key strengths include affordable housing, abundant sunshine, a low poverty rate, high health insurance coverage. Areas to be aware of include above-average unemployment, below-average incomes. Eldorado offers a solid quality of life with a good balance of affordability, safety, and opportunity.
The median household income in Eldorado is $49,375, 34% below the national average of $75,149. The unemployment rate of 5.9% is somewhat elevated compared to the national rate of 3.6%. Only 5.1% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 29 minutes.
The median home value in Eldorado is $143,800, 49% below the national median — offering relatively affordable homeownership. At just 2.9x median income, home prices are very affordable relative to local earnings.
6.7% of residents hold a bachelor's degree, below the national average of 33.7%. 80.0% have completed high school. Area schools have an average test score of 5.9/10.
Eldorado experiences four distinct seasons with an average temperature of 55°F. Winters average 35°F in January while summers reach 77°F in July. With 293 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 46.3 inches, including 12.8 inches of snow. Air quality is rated Good with a median AQI of 41.
| English Only | 100.0% |
| 27% above US avg | |
| Spanish | 0.0% |
| 100% below US avg |
| Median HH Income | $49,375 |
| 34% below US avg | |
| Per Capita Income | $41,587 |
| Avg Weekly Wage | $1,088 |
| IRS Avg AGI | $62,318 |
| Unemployment | 5.9% |
| 64% above US avg | |
| Poverty Rate | 5.1% |
| 59% below US avg | |
| Establishments (County) | 2,657 |
| County GDP | $7,088M |
| Restaurants | 209 |
| Healthcare | 362 |
| Retail | 333 |
| Manufacturing | 67 |
| Property Tax (IRS) | $3,389 |
| 3% below US avg | |
| Effective Tax Rate | 2.36% |
| Commute Time | 28.7 min |
| Drive Alone | 94.7% |
| Public Transit | 0.0% |
| Work from Home | 0.0% |
| Census Median | $143,800 |
| 49% below US avg |
| Rent Burden | 30.3% |
| Studio | $1,312 |
| 1 Bedroom | $1,400 |
| 2 Bedrooms | $1,648 |
| 3 Bedrooms | $2,123 |
| 4 Bedrooms | $2,442 |
| Owner-Occupied | 95.0% |
| Housing Units | 24 |
| Median Year Built | 1938 |
| Avg Tax (IRS) | $3,389 |
| 3% below US avg | |
| Effective Rate | 2.36% |
| Annual Average | 55.4°F |
| 3% above US avg | |
| January Average | 35°F (1°C) |
| July Average | 77°F (25°C) |
| Sunny Days | 293 days/yr |
| Annual Rainfall | 46.3 inches |
| 22% above US avg | |
| Snowfall | 12.8 inches/yr |
| AQI Median | 41.0 |
| Rating | Good |
| Elevation | 6 ft (2 m) |
| Area | 0.1 sq mi (0.2 km²) |
| Population Density | 557/sq mi |
| Coordinates | 38.5830°N, 75.7903°W |
| Timezone | America/New_York |
| County FIPS | 24045 |
Winner: Republican by 5.5 points
| Bachelor's Degree+ | 6.7% |
| 80% below US avg | |
| High School+ | 80.0% |
| Graduate Degree+ | 0.0% |
| School Test Score | 5.85 |
| RUCC Code 3 | Metro — under 250K |
| Population Density | 557/sq mi |
| Total Area | 0.1 sq mi |
| Broadband Access | 20.0% |
| Public Libraries | 4 |
| Healthcare Facilities | 362 |
| Restaurants | 209 |
| Retail Stores | 333 |
| Fatal Crashes (County/yr) | 10 |
| Avg Commute | 28.7 min |
| Drive Alone | 94.7% |
| Public Transit | 0.0% |
| Work from Home | 0.0% |