Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 31.4 yrs |
|---|---|
| Avg HH Size | 3.75 |
| Below Poverty | 5.6% ▼ 44% below avg |
| College Grads | 49.9% ▲ 29% above avg |
| Unemployment | 4.7% ≈ Avg |
| HS Graduate | 131 (20.5%) |
| Some College | 114 (17.8%) |
| Associates | 75 (11.7%) |
| Bachelors | 61 (9.5%) |
| Graduate Degree | 258 (40.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $148,750 ▲ 95% above avg |
|---|---|
| Median Home Value | $428,900 ▲ 54% above avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Total Housing Units | 359 |
| Vacant Units | 29 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Welcome is a city in Maryland, located in Charles County. The city spans 1 ZIP code and is home to approximately 1,238 residents. It is a relatively young city, with a median age of 31.4 years.
Economically, Welcome is a upper-middle-income community. The median household income of $148,750 is significantly above the national average. Approximately 5.6% of residents live below the poverty line. The unemployment rate is 4.7%, near the national average.
The real estate market in Welcome is a premium housing market. Median home values stand at $428,900, which is significantly above the national average. Homeownership is high at 94.6%, typical of suburban and family-oriented communities.
The population of Welcome is well-educated. 49.9% of adults hold a bachelor's degree or higher — above the national average. The community is majority White (51.94%).
Welcome, MD offers residents above-average earning potential within Maryland.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 20693 | 1,238 | $148,750 | $428,900 | — | 4.7% | 49.9% | 94.6% |