Elkridge is a medium-sized town located in the state of Maryland. With a population of 25,171 people and six associated neighborhoods, Elkridge is the 45th largest community in Maryland. Much of the housing stock in Elkridge was built relatively recently. The construction of new real estate can often be taken as an indication that the local Elkridge economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Elkridge, where the median household income is $127,027.00.
Also of interest is that Elkridge has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Elkridge telecommute to their jobs. Overall, about 15.93% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
If knowledge is power, Elkridge is a pretty powerful place. 52.47% of the adults in Elkridge have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Elkridge in 2022 was $51,008, which is upper middle income relative to Maryland, and wealthy relative to the rest of the US. This equates to an annual income of $204,032 for a family of four. However, Elkridge contains both very wealthy and poor people as well.
Elkridge is an extremely ethnically-diverse town. The people who call Elkridge home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Elkridge residents report their race to be White, followed by Black or African-American. Important ancestries of people in Elkridge include Irish, German, English, Nigerian, and Italian.
Foreign born people are also an important part of Elkridge's cultural character, accounting for 24.06% of the town’s population.
The most common language spoken in Elkridge is English. Other important languages spoken here include Spanish and Chinese.