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Calvert County Is Rich (In More Ways Than One)

By
Real Estate Agent with Re/MAX 100 MD# 29287

Everyone dreams about being rich and it seems that many of the residents in Calvert County have attained that goal. According to a new report from the U. S. Census Bureau, Calvert County is one of the richest counties in the nation (based on population). Calvert County came in second for the highest Luxury Living Roommedian income with Hunterdon County, N. J. ranking number one. Similar sized counties in Maryland and Virginia, with access to the metro areas of Baltimore and D.C., also fared well in the report.

The Census Bureau also reported that for the second year in a row, the State of Maryland was ranked as the second richest state in the country. Maryland's median household income is reported to be $68,060. The American Community Survey reports the median income for Calvert County as $95,134 That is a 12% increase over 2006 figures.

We are in a slow economy. There is no doubt about that. Despite this fact, the overall median household income in the United States increased by 1.3%. That makes 2007 the third straight year to show an overall increase for American households. Unfortunately, the poverty rates have increased as well. The poverty rate in Calvert County rose by 2% in 2007 to 4.8%. Although, the poverty level rose, it is still well below the national average of 12.5% and the state's average of 7.8%.

Calvert County is a "bedroom" community with many of its residents holding skilled professional jobs in the metro areas of Baltimore and Washington, D.C. However, the economy in Calvert County is increasing as well. Calvert County has experienced a job growth of 7.5%. 

I am sure you know that the mantra in real estate is Location. Calvert County is a model of that mantra. The County's strategic location enables its residents to participate in a strong and stable job market, which also happens to be one of the highest paying in the nation. While a good job market is important and the monetary benefits are wonderful, Calvert County is rich in many other ways as well. Calvert County enjoys a great mass transit system, good schools, wonderful amenities, natural beauty, "small town" living, and access to year-round recreation, indoors or out. In addition, the leadership of Calvert County is committed to its citizens and as part of that commitment has a strong focus on land preservation for the enjoyment of generations to come.

Although Calvert County has a majority population which enjoys a high wage income, the communities of Calvert County offer a large number of single family homes in varying price ranges. So, come on home to the good life in Calvert County, Maryland.

Take a peek at some of our wonderful communities:
scenic Chesapeake BeachChesapeake Beach

Dunkirk 

Huntingtown

Lusby

North Beach

Prince Frederick

Solomons