At a Glance
Median Income
$133,168
$59,930 per capita
Home Value
$603,200
Zillow: $641,996
Median Rent
$1,946/mo
29.9% of income on rent
Bachelor's Degree+
58.4%
96.6% high school+
Unemployment
4.6%
1.6% poverty rate
Obesity Rate
24.0%
8.2% smoking rate
How Preakness Compares to the U.S. Average
Each bar shows Preakness's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Preakness a Good Place to Live?
A+
4.6 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Preakness residents earn a median household income of $133,168 , which is 77% above the national average of $75,149.
Per capita income is $59,930. The unemployment rate stands at 4.6% (28% above the U.S. rate of 3.6%). 1.6% of residents live below the poverty line. The area is home to 36,016 business establishments, including 2,730 restaurants.
Housing & Cost of Living
The median home value in Preakness is $603,200 , 114% above the national median of $281,900.
Zillow estimates the typical home at $641,996. Median rent is $1,946/month, with 29.9% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1967.
Education
58.4% of adults in Preakness hold a bachelor's degree or higher
(73% above the national average).
96.6% have completed high school. Local schools score 7.3/10 in standardized testing.
Climate & Weather
Preakness has an average annual temperature of 53°F (12°C).
Winters average 31°F in January while summers reach 76°F in July. Annual precipitation totals 44.9 inches. Air quality is rated Good with a median AQI of 40.
Data Overview
People
Population18,538
Median Age41.1 yrs
Density3,269/mi²
Male / Female50% / 50%
Foreign Born22.0%
Veterans3.3%
Economy
A+
Median Income$133,168
Per Capita$59,930
Unemployment4.6%
Poverty1.6%
County GDP$105,805M
Avg Weekly Wage$1,551
Housing
A
Home Value$603,200
Rent$1,946
Ownership70.0%
Zillow$641,996
Housing Units6,909
Rent Burden29.9%
Health
Obesity24.0%
Diabetes7.2%
Smoking8.2%
Heart Disease3.9%
Premature Death4,472/100K
Climate
Avg Temp53°F
Rain44.9 in/yr
AQI40 (Good)
Elevation222 ft
Education
A+
Bachelor's+58.4%
High School+96.6%
Graduate+25.1%
School Score7.3/10
Community
2024 VoteR 47% / D 51%
Commute31 min
Broadband93.4%
Internet Speed154 Mbps
EV Stations6
Libraries63
Did You Know?
The median home in Preakness was built in 1967.
The nearest airport is Newark Liberty International (17 miles).
The Gini coefficient (income inequality) is 0.473 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
7.1% of the population has a disability.
22.0% of residents are foreign-born.
Average internet download speed is 154 Mbps.
There are 2,730 restaurants in the area.
The county recorded 38 fatal vehicle crashes.