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Eldorado, MD

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.

3.3 /5.0
B Good
39 Population 557/sq mi density
$49,375 Median Income $41,587 per capita
$143,800 Home Value
55°F Avg Temperature 293 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$49,375 median income, 5.9% unemployment
A+
Affordability
5.0 / 5.0
$143,800 home value
D
Education
1.5 / 5.0
6.7% bachelor's degree or higher
Median Income $49,375
34% lower than US avg
Home Value $143,800
49% lower than US avg
Bachelor's+ 6.7%
80% lower than US avg
Unemployment 5.9%
64% higher than US avg
Poverty Rate 5.1%
59% lower than US avg

How Eldorado Compares to the U.S. Average (100% = U.S. avg)

People

Population39
Median Age45.1 yrs
Density557/mi²
Male / Female49% / 51%
Largest GroupWhite 90%
Veterans32.0%

Economy

B
Median Income$49,375
Per Capita$41,587
Unemployment5.9%
Poverty5.1%
County GDP$7,088M
Commute29 min

Housing

A+
Home Value$143,800
RentN/A
OwnershipN/A
Housing Units24
Rent Burden30.3%

Climate

Avg Temp55°F (13°C)
AQI41 (Good)
Rain46.3 in/yr
Sunny Days293/yr
Elevation6 ft (2 m)

Education

D
Bachelor's+6.7%
High School+80.0%
Graduate+0.0%
School Score5.85

Community

2024 VoteR 52% / D 46%
Commute29 min
Broadband20.0%
Libraries4

Is Eldorado a Good Place to Live?

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.

Economy & Jobs

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.

Cost of Living & Housing

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.

Education

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.

Climate & Weather

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.

Eldorado has a population of 39 with a density of 557 people per square mile. The median age is 45.1 years, 16% older than the national median of 38.9. The city is predominantly White (89.7%).

Population

39
Total Population
557
People / sq mi
45.1yrs
Median Age
16% above US avg
0.1mi²
Land Area

Gender Distribution

Male 48.7%
Female 51.3%

Race & Ethnicity

Eldorado vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Eldorado vs U.S. Average

The median household income in Eldorado is $49,375, which is 34% below the national average of $75,149. The unemployment rate is 5.9% (above the 3.6% US average). 5.1% of residents live below the poverty line. Workers commute an average of 29 minutes.

Income: Eldorado vs U.S.

Commute Mode

Income

Median HH Income$49,375
34% below US avg
Per Capita Income$41,587
Avg Weekly Wage$1,088
IRS Avg AGI$62,318

Employment & Poverty

Unemployment5.9%
64% above US avg
Poverty Rate5.1%
59% below US avg
Establishments (County)2,657
County GDP$7,088M

Business (County)

Restaurants209
Healthcare362
Retail333
Manufacturing67

Tax & Cost of Living

Property Tax (IRS)$3,389
3% below US avg
Effective Tax Rate2.36%

Commute & Transportation

Commute Time28.7 min
Drive Alone94.7%
Public Transit0.0%
Work from Home0.0%

Walkability

The median home value in Eldorado is $143,800, 49% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$143,800
49% below US avg

Real Estate Market (Redfin)

Rental Costs

Rent Burden30.3%

HUD Fair Market Rent

Studio$1,312
1 Bedroom$1,400
2 Bedrooms$1,648
3 Bedrooms$2,123
4 Bedrooms$2,442

Ownership & Property

Owner-Occupied95.0%
Housing Units24
Median Year Built1938

Property Tax

Avg Tax (IRS)$3,389
3% below US avg
Effective Rate2.36%
Eldorado has an average annual temperature of 55°F (13°C). Winters average 35°F in January while summers reach 77°F in July. Annual precipitation is 46.3 inches. The area enjoys 293 sunny days per year. Air quality is rated Good with a median AQI of 41.

Temperature

35°F Jan (1°C) 77°F Jul (25°C)
Annual Average55.4°F
3% above US avg
January Average35°F (1°C)
July Average77°F (25°C)
Sunny Days293 days/yr

Precipitation & Snow

Annual Rainfall46.3 inches
22% above US avg
Snowfall12.8 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation6 ft (2 m)
Area0.1 sq mi (0.2 km²)
Population Density557/sq mi
Coordinates38.5830°N, 75.7903°W
TimezoneAmerica/New_York
County FIPS24045
It is classified as Metro — under 250K. 6.7% of residents hold a bachelor's degree or higher (80% below US avg). In the 2024 election, the county voted Republican by a 5.5-point margin. 20.0% of households have broadband internet.

2024 Presidential Election (County)

R 51.5%
D 46.1%

Winner: Republican by 5.5 points

Education

Bachelor's Degree+6.7%
80% below US avg
High School+80.0%
Graduate Degree+0.0%
School Test Score5.85
D Education Grade (1.5/5.0)

Urban-Rural Classification

RUCC Code 3Metro — under 250K
Population Density557/sq mi
Total Area0.1 sq mi

Infrastructure & Services

Broadband Access20.0%
Public Libraries4
Healthcare Facilities362
Restaurants209
Retail Stores333

Safety & Disasters

Fatal Crashes (County/yr)10

Commute & Transportation

Avg Commute28.7 min
Drive Alone94.7%
Public Transit0.0%
Work from Home0.0%

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