Ballenger Creek, Maryland Income Statistics
Ballenger Creek Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Ballenger Creek Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Ballenger Creek | Maryland Avg | US Average |
|---|---|---|---|
| Median Household Income | $108,794 | $103,916 | $80,455 |
| Median Personal Income | $75,825 | $75,715 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.0% | 4.8% |
| Six-Figure Earners | 19.5% | 20.7% | 13.9% |
| $200k+ Households | 12.5% | 20.3% | 13.2% |
The median household income in Ballenger Creek is about 5% higher than in Maryland. Income has been growing faster in Ballenger Creek (4.4%/yr) than in Maryland (4.0%/yr).
About 19% of adults in Ballenger Creek earn six figures ($100,000 or more) a year, lower than the Maryland average of 21%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Ballenger Creek, Maryland grew by 49.7% from 2009 to 2024, reaching $108,794 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Ballenger Creek
| Metric | Ballenger Creek | Maryland Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.522 | 0.534 | 0.552 |
| Male Median Income | $85,125 | $84,327 | $69,667 |
| Female Median Income | $73,132 | $72,201 | $56,850 |
| Gender Pay Gap | 14.1% | 14.4% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Ballenger Creek, it is 0.522, lower than Maryland's 0.534, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 16% more than women's income in Ballenger Creek, Maryland. Over a 35-year career, a 16% wage gap accumulates to roughly $419,755 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Ballenger Creek, Maryland has narrowed from about 23% to 14% in 2024. Over that period the gap was widest at 24% in 2012, and was narrowest at 7% in 2021. In dollar terms, the gap has narrowed by $2,300 since 2009.
Employment
| Metric | Ballenger Creek | Maryland Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.1% | 4.8% | 5.2% |
| Working from Home | 20.8% | 19.3% | 15.0% |
| Commute time (minutes) | 30 | 28 | 22 |
Approximately 392 people are unemployed in Ballenger Creek, Maryland.
The average commute time in Ballenger Creek is 30 minutes, longer than the 28 minutes in Maryland.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Ballenger Creek, Maryland has fallen from 8.1% to 3.1% in 2024.
Ballenger Creek, MD Wealth Compared With Nearby Cities
How Ballenger Creek, MD compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Ballenger Creek, MD | 22,962 | $108,794 #1/2 | 4.4%/yr #2/2 | 3.1% #1/2 | 0.522 #2/2 |
| Frederick, MD | 76,727 | $96,684 | 4.8%/yr | 3.7% | 0.511 |
Conclusion
Considering all these factors, Ballenger Creek, Maryland has an overall wealth index grade of B, making it somewhat better than Maryland, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Ballenger Creek, Maryland.
How Rich Is Ballenger Creek, Maryland?
Ballenger Creek has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $108,794, about 5% higher than the Maryland average of $103,916.
How fast is household income rising in Ballenger Creek, Maryland?
Between 2009 and 2024, the median household income in Ballenger Creek, Maryland rose 50%, from $72,696 to $108,794. Over the same years, income here kept pace with Maryland as a whole: +50% against +49%.
What was the median household income in Ballenger Creek in 2023?
In 2023, the median household income in Ballenger Creek, Maryland was $108,462, down 2% from $111,242 in 2022. The Maryland median that year was $101,974.
What was the median household income in Ballenger Creek in 2020?
In 2020, the median household income in Ballenger Creek, Maryland was $93,281. By 2024 it had risen 17% to $108,794.
How strong is the job market in Ballenger Creek, Maryland?
Unemployment in Ballenger Creek, Maryland is only 3.1%, well below the Maryland rate of 4.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Ballenger Creek, Maryland?
The Gini coefficient in Ballenger Creek is 0.522. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Ballenger Creek, Maryland?
Since 2009, the income gap between men and women in Ballenger Creek, Maryland has narrowed from about 23% to 14% in 2024. Over that period the gap was widest at 24% in 2012, and was narrowest at 7% in 2021. In dollar terms, the gap has narrowed by $2,300 since 2009.
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