Reisterstown, Maryland Income Statistics
Reisterstown 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
Reisterstown Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Reisterstown | Maryland Avg | US Average |
|---|---|---|---|
| Median Household Income | $89,678 | $103,916 | $80,455 |
| Median Personal Income | $66,822 | $75,715 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.0% | 4.8% |
| Six-Figure Earners | 18.3% | 20.7% | 13.9% |
| $200k+ Households | 12.8% | 20.3% | 13.2% |
The median household income in Reisterstown is about 14% lower than in Maryland. Income has been growing faster in Reisterstown (4.4%/yr) than in Maryland (4.0%/yr).
About 18% of adults in Reisterstown 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 Reisterstown, Maryland grew by 46.9% from 2009 to 2024, reaching $89,678 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Reisterstown
| Metric | Reisterstown | Maryland Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.544 | 0.534 | 0.552 |
| Male Median Income | $85,082 | $84,327 | $69,667 |
| Female Median Income | $66,653 | $72,201 | $56,850 |
| Gender Pay Gap | 21.7% | 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 Reisterstown, it is 0.544, higher than Maryland's 0.534, so income is less 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 28% more than women's income in Reisterstown, Maryland. Over a 35-year career, a 28% wage gap accumulates to roughly $645,015 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Reisterstown, Maryland has widened from about 12% to 22% in 2024. Over that period the gap in 2023 women out-earned men by 8%. In dollar terms, the gap has widened by $12,594 since 2009.
Sharply against the trend: the pay gap in Reisterstown widened by 9.8 points while Maryland's narrowed by 5.1 points.
Employment
| Metric | Reisterstown | Maryland Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 9.0% | 4.8% | 5.2% |
| Working from Home | 24.2% | 19.3% | 15.0% |
| Commute time (minutes) | 27 | 28 | 22 |
Approximately 1,205 people are unemployed in Reisterstown, Maryland.
The average commute time in Reisterstown is 27 minutes, shorter than the 28 minutes in Maryland.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Reisterstown, Maryland has risen from 6.9% to 9.0% in 2024. Over that period the rate peaked at 11.4% in 2022 and fell as low as 5.8% in 2019.
Reisterstown, MD Wealth Compared With Nearby Cities
Reisterstown, MD is the smallest of the 5 cities compared here, 25,579 residents against a local median of 32,804. Reisterstown, MD's income growth, at 4.4%/yr, runs 72% above the 2.6%/yr 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: 9.0% against a local median of 5.8%, 56% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Reisterstown, MD is trading one against the other rather than simply out-performing what surrounds it. The cities themselves spread 2.5%/yr on income growth, so Reisterstown, MD sits at one end of an already wide local range rather than apart from it. Reisterstown, MD has the highest income growth of the 5 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. |
|---|---|---|---|---|---|
| Reisterstown, MD | 25,579 | $89,678 #3/5 | 4.4%/yr #1/5 | 9.0% #5/5 | 0.544 #5/5 |
| Owings Mills, MD | 38,773 | $95,930 | 3.6%/yr | 5.1% | 0.523 |
| Randallstown, MD | 32,727 | $89,417 | 2.3%/yr | 6.4% | 0.529 |
| Milford Mill, MD | 30,831 | $70,509 | 1.1%/yr | 6.7% | 0.499 |
| Pikesville, MD | 32,882 | $99,450 | 2.8%/yr | 4.2% | 0.542 |
Conclusion
Considering all these factors, Reisterstown, Maryland has an overall wealth index grade of B, making it about on par with Maryland, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Reisterstown, Maryland.
How Rich Is Reisterstown, Maryland?
Reisterstown 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 $89,678, about 14% lower than the Maryland average of $103,916.
How has median household income changed in Reisterstown, Maryland?
Between 2009 and 2024, the median household income in Reisterstown, Maryland rose 47%, from $61,026 to $89,678. Over the same years, income here lagged behind Maryland as a whole: +47% against +49%.
What was the median household income in Reisterstown in 2023?
In 2023, the median household income in Reisterstown, Maryland was $87,565, up 14% from $76,704 in 2022. The Maryland median that year was $101,974.
What was the median household income in Reisterstown in 2020?
In 2020, the median household income in Reisterstown, Maryland was $71,713. By 2024 it had risen 25% to $89,678.
How strong is the job market in Reisterstown, Maryland?
Unemployment in Reisterstown, Maryland is 9.0%, well above the Maryland rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Reisterstown, Maryland?
The Gini coefficient in Reisterstown is 0.544. 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 Reisterstown, Maryland?
Since 2009, the income gap between men and women in Reisterstown, Maryland has widened from about 12% to 22% in 2024. Over that period the gap in 2023 women out-earned men by 8%. In dollar terms, the gap has widened by $12,594 since 2009.
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