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
| Princess Anne | Somerset County | Maryland | United States | |
|---|---|---|---|---|
| Renter-occupied share | 57.3% (±15.9 points) | 26.9% (±4.0 points) | 32.4% (±0.3 points) | 34.8% |
| Renting households | 777 (±220) | 2,244 (±361) | 765,363 (±6,619) | 45,017,354 |
| Owning households | 580 (±246) | 6,104 (±371) | 1,597,565 (±8,362) | 84,210,142 |
| Average renter household size | 2.2 (±0.5) | 2.3 (±0.3) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 3.0 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 70.6% (±6.9 points) | 57.3% (±15.9 points) | −13.3 percentage points | Not 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Princess Anne | — | 57.3% (±15.9 points) | — |
| Mount Vernon | 5.4 mi | 5.7% (±9.1 points) | Lower |
| Eden | 5.5 mi | 36.7% (±25.9 points) | Not measurably different |
| Fruitland | 8.8 mi | 32.3% (±10.2 points) | Lower |
| Pocomoke City | 12 mi | 40.2% (±10.5 points) | Not measurably different |
| Salisbury | 13 mi | 72.9% (±2.8 points) | Not measurably different |
| Hebron | 15 mi | 27.2% (±10.1 points) | Lower |
| Snow Hill | 17 mi | 44.0% (±7.9 points) | Not measurably different |
| Mardela Springs | 18 mi | 22.6% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Princess Anne | 57.3% (±15.9 points) |
| 2 | Crisfield | 45.1% (±11.3 points) |
| 3 | Eden | 36.7% (±25.9 points) |
| 4 | Mount Vernon | 5.7% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Princess Anne town, Maryland
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Princess Anne town, Maryland
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Princess Anne town, Maryland
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Princess Anne town, Maryland
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Princess Anne town, Maryland
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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 .
Related
- Housing in Princess Anne at a glance
- Median rent in Princess Anne
- Rent by bedrooms in Princess Anne
- Rent burden in Princess Anne
- Income and affordability in Princess Anne
- Home values in Princess Anne
- Homeowner costs in Princess Anne
- Property taxes in Princess Anne
- Types of homes in Princess Anne
- Bedrooms in Princess Anne
- Age of homes in Princess Anne
- Vacancy rate in Princess Anne
- Heating fuel in Princess Anne
- Commute and cars in Princess Anne
- Crime reported to police in Princess Anne
- Population growth in Princess Anne
- How long people stay in Princess Anne
- Maryland landlord and tenant rules
- Housing across Somerset County
- Maryland places ranked by share of renters
- Housing data for every place in Maryland