Spring Ridge, MD

Spring Ridge, MD

At a Glance

How Spring Ridge Compares to the U.S. Average

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

Is Spring Ridge a Good Place to Live?

Economy & Jobs

Spring Ridge residents earn a median household income of $143,079 , which is 90% above the national average of $75,149. Per capita income is $64,768. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 7,170 business establishments, including 526 restaurants.

Housing & Cost of Living

The median home value in Spring Ridge is $443,800 , 57% above the national median of $281,900. Zillow estimates the typical home at $590,379. Median rent is $1,804/month, with 28.3% 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 1996.

Education

59.6% of adults in Spring Ridge hold a bachelor's degree or higher (77% above the national average). 97.9% have completed high school. Local schools score 6.5/10 in standardized testing.

Climate & Weather

Spring Ridge has an average annual temperature of 57°F (14°C). Winters average 35°F in January while summers reach 79°F in July. Annual precipitation totals 43.5 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

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