Rosedale, Maryland Income Statistics

Rosedale 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
    Rosedale Around average

Source: Map AI Methodology

Income Statistics Overview

See income data visualized

Metric Rosedale Maryland Avg US Average
Median Household Income $84,885 $103,916 $80,455
Median Personal Income $60,289 $75,715 $60,758
Average Yearly Income Growth 4.6% 4.0% 4.8%
Six-Figure Earners 12.3% 20.7% 13.9%
$200k+ Households 8.8% 20.3% 13.2%

The median household income in Rosedale is about 18% lower than in Maryland. Income has been growing faster in Rosedale (4.6%/yr) than in Maryland (4.0%/yr).

About 12% of adults in Rosedale 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

Rosedale
United States

Median household income in Rosedale, Maryland grew by 33.1% from 2009 to 2024, reaching $84,885 in 2024. That's an average of about 4.6% per year.

Year Rosedale United States

Income Inequality and the Gender Pay Gap in Rosedale

Metric Rosedale Maryland Avg US Average
Gini Coefficient 0.537 0.534 0.552
Male Median Income $73,006 $84,327 $69,667
Female Median Income $58,180 $72,201 $56,850
Gender Pay Gap 20.3% 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 Rosedale, it is 0.537, about the same as Maryland's 0.534, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 25% more than women's income in Rosedale, Maryland. Over a 35-year career, a 25% wage gap accumulates to roughly $518,910 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Rosedale, Maryland has narrowed from about 22% to 20% in 2024. Over that period the gap was widest at 24% in 2010, and was narrowest at 7% in 2020. In dollar terms, the gap has widened by $3,834 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Rosedale Maryland Avg US Average
Unemployment Rate 6.6% 4.8% 5.2%
Working from Home 11.2% 19.3% 15.0%
Commute time (minutes) 25 28 22

Approximately 712 people are unemployed in Rosedale, Maryland.

The average commute time in Rosedale is 25 minutes, shorter than the 28 minutes in Maryland.

Unemployment Rate Over Time

Rosedale
United States

Since 2011, the unemployment rate in Rosedale, Maryland has fallen from 10.5% to 6.6% in 2024. Over that period the rate peaked at 10.8% in 2013 and fell as low as 5.1% in 2019.

Year Rosedale United States

Rosedale, MD Wealth Compared With Nearby Cities

Rosedale, MD is the smallest of the 4 cities compared here, 21,262 residents against a local median of 39,226. The measure that sets Rosedale, MD apart most is median household income: $84,885, 26% above the local median of $67,625. That is the better end of the local range on this measure.

Income growth tells the same story from another angle: 4.6%/yr against a local median of 3.8%/yr, 21% above it. Every measure here with a clear better direction points the same way, so Rosedale, MD is not trading one advantage for another, it reads stronger than its neighbours across the board. The cities themselves spread $12,164 on median household income, so Rosedale, MD sits at one end of an already wide local range rather than apart from it. Rosedale, MD has the highest median household income of the 4 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.
Rosedale, MD 21,262 $84,885 #1/4 4.6%/yr #1/4 6.6% #3/4 0.537 #3/4
Dundalk, MD 63,263 $66,657 3.7%/yr 6.9% 0.545
Essex, MD 39,226 $67,625 3.9%/yr 6.3% 0.514
Parkville, MD 30,547 $78,821 3.8%/yr 5.0% 0.503

Conclusion

Considering all these factors, Rosedale, Maryland has an overall wealth index grade of B, making it somewhat worse than Maryland, and somewhat better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Rosedale, Maryland.

How Rich Is Rosedale, Maryland?

Rosedale 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 $84,885, about 18% lower than the Maryland average of $103,916.

Are incomes growing in Rosedale, Maryland?

Between 2009 and 2024, the median household income in Rosedale, Maryland rose 33%, from $63,780 to $84,885. Over the same years, income here lagged behind Maryland as a whole: +33% against +49%.

What was the median household income in Rosedale in 2023?

In 2023, the median household income in Rosedale, Maryland was $82,764, up 3% from $80,653 in 2022. The Maryland median that year was $101,974.

What was the median household income in Rosedale in 2020?

In 2020, the median household income in Rosedale, Maryland was $75,545. By 2024 it had risen 12% to $84,885.

How strong is the job market in Rosedale, Maryland?

Unemployment in Rosedale, Maryland is 6.6%, well above the Maryland rate of 4.8%, so job seekers may face more competition than elsewhere.

What is the Gini coefficient in Rosedale, Maryland?

The Gini coefficient in Rosedale is 0.537. 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 Rosedale, Maryland?

Since 2009, the income gap between men and women in Rosedale, Maryland has narrowed from about 22% to 20% in 2024. Over that period the gap was widest at 24% in 2010, and was narrowest at 7% in 2020. In dollar terms, the gap has widened by $3,834 since 2009.

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