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Calvert County, MD

RANK #451 / 996  ·  POP 93,244  ·  MD

PROJECTED GROWTH: +0.9%

Calvert County sits in the middle of the pack — stable but not accelerating.

[01] Why Calvert County?

Calvert Cliffs State Park, known for its fossil-rich cliffs and opportunities to find ancient shark teeth, offers a distinctive natural landmark in Calvert County. Located on a peninsula in Southern Maryland, Calvert County is bordered by the Chesapeake Bay to the east and the Patuxent River to the west. Prince Frederick serves as the county seat, and the county is approximately 30 miles southeast of Washington, D.C., and 55 miles south of Baltimore. Commuter bus services connect residents to Washington, D.C., and the Metro system. The community maintains a rural feel with numerous parks and natural areas, including Flag Ponds Nature Park and Kings Landing Park, providing opportunities for hiking, fishing, and water access.

Calvert County offers a quality of life that attracts families, with public schools receiving high ratings. The county has a low crime rate, contributing to a sense of safety. While many residents commute to nearby cities, the local economy is seeing development in sectors such as healthcare, energy, and professional services. There is also ongoing investment in infrastructure and community spaces, including revitalization efforts in Prince Frederick. These developments aim to balance economic growth with the preservation of the county's natural character.

[02] Market Snapshot

Housing Ratio
8.1x

Overvalued relative to economy

GDP Growth
+2.3%

Below national median

Home Prices
+1.6%

Above national median

Climate & Terrain
0.7

Moderate climate & terrain

Price/Rent
16x

Above national median (13x)

Housing looks overvalued at 8.1x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Calvert County U.S. National

The Numbers

DEMOGRAPHICS
Population
93,244
+0.79% YoY
Median Household Income
$128,078
Median Home Value
$418,900
+1.55% 12mo
Median Rent
$1,589
Average Annual Pay
$61,154
-2.0% YoY
Employment
22,676
+2.8% YoY
Income-to-Home-Value
0.3057
More affordable than average
Migration Inflow
3.34%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$421,900
Days on Market
50
Moderate pace
Months of Supply
2.5
Seller's market
Sale-to-List Ratio
97.6%
Negotiation room for buyers
Sold Above List
26.8%
Listings w/ Price Drops
20.7%
Building Permits (2024)
101
Single-Family Permits
98

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,349M
TOTAL
PROJECT AMOUNT STATUS
Calvert County Capital Improvements Plan (FY2027-2032)
Calvert County Government
$569M Planned
Amazon Web Services (AWS) Data Center Campus
Amazon Web Services (AWS)
$500M Proposed
Sollers 230kV Battery Storage Project
Undisclosed
$180M Planned
Calvert Cliffs Nuclear Power Plant Upgrades and Potential Expansion
Constellation
$100M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.3% 43 percentile
Population Growth +0.8% 64 percentile
Income Growth +6.5% 12 percentile
Vacancy Rate 0.5% 95 percentile
Home Price Change +1.6% 53 percentile
Rent Growth +4.0% 67 percentile
Price/Rent 16x 27 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Calvert County, MD a good place to move to?

Calvert County has a Boom Town Index score of 55/100, ranking #451 among 996 U.S. counties. With job growth at +2.8% and a median household income of $128,078, it's an above-average county on economic indicators.

Is Calvert County affordable?

The median home value in Calvert County is $418,900 with median rent at $1,589/month. The income-to-home-value ratio is 0.3057, which is more affordable than the national average.

Is Calvert County growing or shrinking?

Population growth: +0.8% year-over-year. Job growth: +2.8%. Home values changed +1.6% in the past 12 months.

Are people moving to Calvert County?

Yes — 3.34% of Calvert County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Monroe County, PA 65 Kent County, RI 65 Laurel County, KY 65 Oktibbeha County, MS 65 Boone County, MO 65 Beaver County, PA 65 Craighead County, AR 65 Catoosa County, GA 65