Interested in purchasing investment houses in the 21648 zip code in Madison, MD?
The zip code 21648 is in Dorchester county with a latitude of -76.230080000000 and longitude of 38.483590000000, is in the state of Maryland. The average asking price of houses and condos is $737,500.00 and the average sale price was $114,600.00. this regions is classified as the Salisbury metro area and consists of the following area codes: 410, 443, and 667. The location in degrees is 38° 29' 0.924" N, 76° 13' 48.288" W. The county F.I.P.S. is 24019. The total land area is 17.6 square miles and the water area is 4.2 square miles. The elevation in this area is 0 - 3 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 21648 is in county number 019 and is L. Sector 00, L. Segment 01, H. Sector 57, and H. Segment 57. The population was 176 in 2019 and 255 in 2010. This further breaks down to 112 males (63.4%) and 64 females (36.6%). The median age of residents is 45.2 years. The population of the greater Cambridge, MD area is 32,924. The population density (people per square mile) is 10. This zip code has a combined total of 122 houses and condos. There are 17 rented appartments. 21% of residents rent versus the 21% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class.
The average individual salary is $32,716. The median household income of individuals is $33,069.00. This zip code has a mean commute time to work of 29.6 minutes. The unemployment rate is 2.9%. Income earners by percent breakdown as 68.80% (Under $50,000), 16.80% ($50,000-$100,000), and 14.40% earn over $100,000. 13.0% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 88.0. The educational breakdown is 95.9% have a high school education or higher, 12.9% have a bachelor's degree or higher, and 4.2% have some kind of profesional degree.
This area has 101 households and the average size is 1.9 people. Individuals who are single and have never been married are 26.8%, 58.0% are now married, 2.8% are separated, 4.1% are widowed, and 8.3% are divorced.
The estimated median value of houses and condos is $136,670. The median monthly owner costs of mortgage holders was $1,026, where as the costs for those who don't have a mortgage are $767. The median number of rooms in houses and condos are 5.4 versus apartments which had a median number of 7.8.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,482. In comparision, the average real estate tax percent rate in the state is 1.1% which equated to an average real estate tax amount payment in the state of $3,515. The median housing property tax percent for residents with mortgages was 0.2% which amounted to an average tax amount of $1,474. Reported taxable interest for persons was $167 and itemized deductions $20,364. The average earned income tax credit is $1,316. Businesses reported an average profit of $3,500.
Madison Bay Restaurant Bar & Grill
4814 Madison Canning House Rd, Madison, MD 21648
Lindy's Seafood Inc
1548 Taylors Island Rd, Woolford, MD 21677 (2.6 miles away)
Slaughter Creek Marina
638 Taylors Island Rd, Taylors Island, MD 21669 (3.2 miles away)
Paul's Pride Seafood
3278 Golden Hill Rd, Church Creek, MD 21622 (5.2 miles away)
Portside Seafood Restaurant
201 Trenton St, Cambridge, MD 21613 (10.2 miles away)
Lindys Seafood Inc
1631 Steamboat Wharf Rd, Fishing Creek, MD 21634 (12.6 miles away)