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Eldorado, MD
Full City Profile · Maryland · Wicomico County County
2.7
/5.0
C+
Fair
39
Population
557/sq mi density
$49,375
Median Income
$41,587 per capita
$143,800
Home Value
$218,170 Zillow
55°F
Avg Temperature
293 sunny days/yr
97
Violent Crime/100K
2,714 property/100K
C+
Overall
2.7 / 5.0
Fair 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, /mo rent
F
Safety
1.0 / 5.0
97 violent crimes/100K
D
Education
1.5 / 5.0
6.7% bachelor's degree or higher
Income Overview
Median Household Income
$49,375
34% below
US avg: $75,149
Per Capita Income
$41,587
6% above
US avg: $39,052
Unemployment Rate
5.9%
64% above
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Eldorado vs. U.S. Average
Each bar shows Eldorado’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$49,375
66%
Per Capita
US: $39,052
$41,587
106%
IRS Avg AGI
US: $72,000
$62,318
87%
Avg Weekly Wage
US: $1,432
$1,088
76%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,088
24% below US avg ($1,432)
Mean Commute Time
29 min
4% above US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
94.7%
29% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$7,088M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
94.7%
Public Transit
0%
Work From Home
0%
Other
5.3%
Average commute time
29 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,657
Restaurants
209
Healthcare
362
Retail
333
Manufacturing
67
Tax & Financial
IRS Avg Adjusted Gross Income
$62,318
13% below US avg ($72,000)
Avg Property Tax
$3,389
3% below US avg ($3,500)
Cost of Living Index
105.0
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $49,375 |
| Per Capita Income | $41,587 |
| IRS Avg Adjusted Gross Income | $62,318 |
| Avg Weekly Wage | $1,088 |
| County GDP | $7,088M |
Hardship Indicators
| Unemployment Rate | 5.9% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.455 |
| Cost of Living Index | 105.0 |
Commute
| Mean Commute | 29 minutes |
| Drive Alone | 94.7% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 2,657 |
| Restaurants | 209 |
| Healthcare | 362 |
| Retail | 333 |
| Manufacturing | 67 |
Tax
| IRS Avg AGI | $62,318 |
| Avg Property Tax | $3,389 |