What percentage of people rent in Princess Anne, MD?

57.3% (±15.9 points) of the occupied homes in Princess Anne, MD are rented (2020–2024 American Community Survey).

That is 777 renting households against 580 that own their home.

In Princess Anne, the share of households that rent went from 70.6% in 2015–2019 to 57.3% in 2020–2024 (−13.3 percentage points), not a measurable change.

Figures last updated on .

Households that rent
57.3% (±15.9 points)
Renting households
777 (±220)
Median renter income
$52,607 (±$48,265)

Who rents and who owns in Princess Anne

Tenure, estimate (90% margin of error)
Princess AnneSomerset CountyMarylandUnited States
Renter-occupied share57.3% (±15.9 points)26.9% (±4.0 points)32.4% (±0.3 points)34.8%
Renting households777 (±220)2,244 (±361)765,363 (±6,619)45,017,354
Owning households580 (±246)6,104 (±371)1,597,565 (±8,362)84,210,142
Average renter household size2.2 (±0.5)2.3 (±0.3)2.3 (±0.0)2.3
Average owner household size3.0 (±0.7)2.4 (±0.1)2.7 (±0.0)2.6
Median renter household income$52,607 (±$48,265)$41,895 (±$13,563)$62,703 (±$866)$52,966
Median owner household income$87,348 (±$48,665)$73,710 (±$3,832)$129,423 (±$883)$100,009

In Princess Anne, the renter share is higher than in Somerset County (26.9%).

It is also higher than in Maryland (32.4%).

It is higher than the national figure (34.8%).

In Somerset County, Princess Anne ranks 1 of 4 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 27 of 388.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Princess Anne has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent70.6% (±6.9 points)57.3% (±15.9 points)−13.3 percentage pointsNot a measurable change
Median gross rent$869 (±$270)$1,048 (±$123)+20.6%No measurable change after inflation
Median household income$34,213 (±$7,101)$69,116 (±$8,332)+102.0%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Princess Anne

Nearest places with a published estimate, compared with Princess Anne
PlaceDistanceHouseholds that rentCompared with this place
Princess Anne—57.3% (±15.9 points)—
Mount Vernon5.4 mi5.7% (±9.1 points)Lower
Eden5.5 mi36.7% (±25.9 points)Not measurably different
Fruitland8.8 mi32.3% (±10.2 points)Lower
Pocomoke City12 mi40.2% (±10.5 points)Not measurably different
Salisbury13 mi72.9% (±2.8 points)Not measurably different
Hebron15 mi27.2% (±10.1 points)Lower
Snow Hill17 mi44.0% (±7.9 points)Not measurably different
Mardela Springs18 mi22.6% (±13.2 points)Lower

Nearby places with a measurably lower figure: Mount Vernon, MD (5.7%), Fruitland, MD (32.3%), Hebron, MD (27.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Somerset County, place by place

RankPlaceHouseholds that rent
1Princess Anne57.3% (±15.9 points)
2Crisfield45.1% (±11.3 points)
3Eden36.7% (±25.9 points)
4Mount Vernon5.7% (±9.1 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Princess Anne

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Questions about Princess Anne

How many renters are there in Princess Anne?

Princess Anne has an estimated 777 (±220) renting households, 57.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Princess Anne?

In Princess Anne, the share of households that rent went from 70.6% in 2015–2019 to 57.3% in 2020–2024 (−13.3 percentage points), not a measurable change.

How big are renting households in Princess Anne?

A renting household in Princess Anne has 2.2 people on average, against 3.0 in an owned home.

How much do renters earn in Princess Anne?

The median renting household in Princess Anne, MD has an income of $52,607 (±$48,265) a year, against $87,348 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Princess Anne town, Maryland (place:64000, in state:24).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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