Camp Springs, Maryland Income Statistics
Camp Springs 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.
-
B
Camp Springs Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Camp Springs | Maryland Avg | US Average |
|---|---|---|---|
| Median Household Income | $116,456 | $103,916 | $80,455 |
| Median Personal Income | $67,952 | $75,715 | $60,758 |
| Average Yearly Income Growth | 3.9% | 4.0% | 4.8% |
| Six-Figure Earners | 18.9% | 20.7% | 13.9% |
| $200k+ Households | 16.6% | 20.3% | 13.2% |
The median household income in Camp Springs is about 12% higher than in Maryland. Income has been growing slower in Camp Springs (3.9%/yr) than in Maryland (4.0%/yr).
About 19% of adults in Camp Springs 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 Camp Springs, Maryland grew by 43.9% from 2009 to 2024, reaching $116,456 in 2024. That's an average of about 3.9% per year.
Income Inequality and the Gender Pay Gap in Camp Springs
| Metric | Camp Springs | Maryland Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.504 | 0.534 | 0.552 |
| Male Median Income | $64,754 | $84,327 | $69,667 |
| Female Median Income | $69,795 | $72,201 | $56,850 |
| Gender Pay Gap | -7.8% | 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 Camp Springs, it is 0.504, 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.
Women's income is about 8% more than men's income in Camp Springs, Maryland. Over a 35-year career, a 8% wage gap accumulates to roughly $176,435 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Camp Springs, Maryland has narrowed from about -17% to -8% in 2024. Over that period the gap was widest at 5% in 2013. In dollar terms, the gap has widened by $2,984 since 2009.
Sharply against the trend: the pay gap in Camp Springs widened by 9.3 points while Maryland's narrowed by 5.1 points.
Employment
| Metric | Camp Springs | Maryland Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.9% | 4.8% | 5.2% |
| Working from Home | 17.3% | 19.3% | 15.0% |
| Commute time (minutes) | 33 | 28 | 22 |
Approximately 706 people are unemployed in Camp Springs, Maryland.
The average commute time in Camp Springs is 33 minutes, longer than the 28 minutes in Maryland.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Camp Springs, Maryland has fallen from 13.1% to 4.9% in 2024.
Camp Springs, MD Wealth Compared With Nearby Cities
How Camp Springs, 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. |
|---|---|---|---|---|---|
| Camp Springs, MD | 23,931 | $116,456 #1/2 | 3.9%/yr #1/2 | 4.9% #1/2 | 0.504 #1/2 |
| Suitland, MD | 23,950 | $72,599 | 2.8%/yr | 8.7% | 0.516 |
Conclusion
Considering all these factors, Camp Springs, 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 Camp Springs, Maryland.
How Rich Is Camp Springs, Maryland?
Camp Springs 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 $116,456, about 12% higher than the Maryland average of $103,916.
How has median household income changed in Camp Springs, Maryland?
Between 2009 and 2024, the median household income in Camp Springs, Maryland rose 44%, from $80,901 to $116,456. Over the same years, income here lagged behind Maryland as a whole: +44% against +49%.
What was the median household income in Camp Springs in 2023?
In 2023, the median household income in Camp Springs, Maryland was $108,871, down 3% from $112,386 in 2022. The Maryland median that year was $101,974.
What was the median household income in Camp Springs in 2020?
In 2020, the median household income in Camp Springs, Maryland was $98,447. By 2024 it had risen 18% to $116,456.
What is the Gini coefficient in Camp Springs, Maryland?
The Gini coefficient in Camp Springs is 0.504. 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 Camp Springs, Maryland?
Since 2009, the income gap between men and women in Camp Springs, Maryland has narrowed from about -17% to -8% in 2024. Over that period the gap was widest at 5% in 2013. In dollar terms, the gap has widened by $2,984 since 2009.
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