Ellicott City, Maryland Income Statistics
Ellicott City 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.
-
A+
Ellicott City Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Ellicott City | Maryland Avg | US Average |
|---|---|---|---|
| Median Household Income | $156,960 | $103,916 | $80,455 |
| Median Personal Income | $108,292 | $75,715 | $60,758 |
| Average Yearly Income Growth | 3.5% | 4.0% | 4.8% |
| Six-Figure Earners | 32.4% | 20.7% | 13.9% |
| $200k+ Households | 36.5% | 20.3% | 13.2% |
The median household income in Ellicott City is about 51% higher than in Maryland. Income has been growing slower in Ellicott City (3.5%/yr) than in Maryland (4.0%/yr).
About 32% of adults in Ellicott City earn six figures ($100,000 or more) a year, higher than the Maryland average of 21%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Ellicott City, Maryland grew by 49.4% from 2009 to 2024, reaching $156,960 in 2024. That's an average of about 3.5% per year.
Income Inequality and the Gender Pay Gap in Ellicott City
| Metric | Ellicott City | Maryland Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.522 | 0.534 | 0.552 |
| Male Median Income | $121,514 | $84,327 | $69,667 |
| Female Median Income | $96,169 | $72,201 | $56,850 |
| Gender Pay Gap | 20.9% | 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 Ellicott City, 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 26% more than women's income in Ellicott City, Maryland. Over a 35-year career, a 26% wage gap accumulates to roughly $887,075 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Ellicott City, Maryland has narrowed from about 37% to 21% in 2024. Over that period the gap was widest at 38% in 2010, and was narrowest at 20% in 2023. In dollar terms, the gap has narrowed by $9,074 since 2009.
Employment
| Metric | Ellicott City | Maryland Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 4.8% | 5.2% |
| Working from Home | 27.1% | 19.3% | 15.0% |
| Commute time (minutes) | 25 | 28 | 22 |
Approximately 1,088 people are unemployed in Ellicott City, Maryland.
The average commute time in Ellicott City is 25 minutes, shorter than the 28 minutes in Maryland.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Ellicott City, Maryland has fallen from 3.6% to 3.2% in 2024. Over that period the rate peaked at 4.2% in 2014 and fell as low as 2.8% in 2020.
Ellicott City, MD Wealth Compared With Nearby Cities
Ellicott City, MD is the 2nd largest of the 6 cities compared here, 66,776 residents against a local median of 40,959. Ellicott City, MD's median household income, at $156,960, runs 37% above the $114,422 typical of the cities around it. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 3.2% against a local median of 4.1%, 23% below it. Every measure here with a clear better direction points the same way, so Ellicott City, MD is not trading one advantage for another, it reads stronger than its neighbours across the board. The cities themselves spread $81,403 on median household income, so Ellicott City, MD sits at one end of an already wide local range rather than apart from it. Ellicott City, MD has the highest median household income of the 6 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Ellicott City, MD | 66,776 | $156,960 #1/6 | 3.5%/yr #2/6 | 3.2% #2/6 | 0.522 #4/6 |
| Columbia, MD | 105,363 | $131,934 | 3.0%/yr | 4.1% | 0.499 |
| Ilchester, MD | 28,356 | $151,912 | 3.2%/yr | 3.0% | 0.503 |
| Woodlawn, MD | 40,959 | $84,232 | 3.4%/yr | 6.2% | 0.528 |
| Catonsville, MD | 43,371 | $114,422 | 4.6%/yr | 4.0% | 0.543 |
| Milford Mill, MD | 30,831 | $70,509 | 1.1%/yr | 6.7% | 0.499 |
Conclusion
Considering all these factors, Ellicott City, Maryland has an overall wealth index grade of A+, making it notably better than Maryland, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Ellicott City, Maryland.
How Wealthy Is Ellicott City, Maryland?
Ellicott City has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $156,960, about 51% higher than the Maryland average of $103,916.
How fast is household income rising in Ellicott City, Maryland?
Between 2009 and 2024, the median household income in Ellicott City, Maryland rose 49%, from $105,039 to $156,960. Over the same years, income here kept pace with Maryland as a whole: +49% against +49%.
What was the median household income in Ellicott City in 2023?
In 2023, the median household income in Ellicott City, Maryland was $157,222, up 4% from $151,741 in 2022. The Maryland median that year was $101,974.
What was the median household income in Ellicott City in 2020?
In 2020, the median household income in Ellicott City, Maryland was $134,104. By 2024 it had risen 17% to $156,960.
How many people earn six figures in Ellicott City, Maryland?
Yes. 32% of adults in Ellicott City, Maryland earn $100,000 or more a year (about 1 in 3), against 21% (about 1 in 5) in Maryland. 36% of households have a combined income of $200,000 or more, compared with 20% in Maryland.
How strong is the job market in Ellicott City, Maryland?
Unemployment in Ellicott City, Maryland is only 3.2%, 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 Ellicott City, Maryland?
The Gini coefficient in Ellicott City 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 Ellicott City, Maryland?
Since 2009, the income gap between men and women in Ellicott City, Maryland has narrowed from about 37% to 21% in 2024. Over that period the gap was widest at 38% in 2010, and was narrowest at 20% in 2023. In dollar terms, the gap has narrowed by $9,074 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →