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Calvert County, MD

District 3

RANK #664 / 996 NAT  ·  #6 / 18 MD  ·  POP 93,244

1YR FORECAST: +0.5%

5YR OUTLOOK: +20%

Our model projects Calvert County's housing market at +0.5% over the next year, underperforming most U.S. counties.

[01] Why Calvert County?

Calvert Cliffs State Park, known for its fossil-rich cliffs and opportunities to find ancient shark teeth, offers a distinctive natural landmark in Calvert County. Located on a peninsula in Southern Maryland, Calvert County is bordered by the Chesapeake Bay to the east and the Patuxent River to the west. Prince Frederick serves as the county seat, and the county is approximately 30 miles southeast of Washington, D.C., and 55 miles south of Baltimore. Commuter bus services connect residents to Washington, D.C., and the Metro system. The community maintains a rural feel with numerous parks and natural areas, including Flag Ponds Nature Park and Kings Landing Park, providing opportunities for hiking, fishing, and water access.

Calvert County offers a quality of life that attracts families, with public schools receiving high ratings. The county has a low crime rate, contributing to a sense of safety. While many residents commute to nearby cities, the local economy is seeing development in sectors such as healthcare, energy, and professional services. There is also ongoing investment in infrastructure and community spaces, including revitalization efforts in Prince Frederick. These developments aim to balance economic growth with the preservation of the county's natural character.

[02] Market Snapshot

Housing Ratio
8.1x

Overvalued relative to economy

GDP Growth
+2.3%

Below national median

Home Prices
+1.6%

Above national median

Climate & Terrain
0.7

Moderate climate & terrain

Price/Rent
16x

Above national median (13x)

Housing looks overvalued at 8.1x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Calvert County Public Schools Education
    1,000+
  2. 2
    Calvert County Government Government
  3. 3
    CalvertHealth Medical Center Healthcare
  4. 4
    Walmart Retail
    250+
  5. 5
    Giant Food Retail
  6. 6
    Safeway Retail
  7. 7
    Chesapeake Beach Resort & Spa Hospitality
  8. 8
    McDonald's Hospitality
  9. 9
    Asbury Solomons Island Healthcare
  10. 10
    Calvert Cliffs Clean Energy Center (Constellation Energy) Energy
    100+

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Calvert County U.S. National

The Numbers

DEMOGRAPHICS
Population
93,244
+0.79% YoY
Median Household Income
$128,078
Median Home Value
$418,900
+1.55% 12mo
Median Rent
$1,589
Average Annual Pay
$61,154
-2.0% YoY
Employment
22,676
+2.8% YoY
Income-to-Home-Value
0.3057
More affordable than average
Migration Inflow
3.34%
of pop. from another state
Bachelor's Degree+
35.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$421,900
Days on Market
50
Moderate pace
Months of Supply
2.5
Seller's market
Sale-to-List Ratio
97.6%
Negotiation room for buyers
Sold Above List
26.8%
Listings w/ Price Drops
20.7%
Building Permits (2024)
101
Single-Family Permits
98

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

A
SAFETY
GRADE
Homicide Rate
1.7
per 100K · nat avg 6.3
Firearm Fatalities
7.5
per 100K · nat avg 14.8
Injury Deaths
79.6
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
40.0
Good
Good Air Days
91%
636 of 700 days
Unhealthy+ Days (3yr)
2
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
39
2022
39
2023
42
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$1,349M
TOTAL
PROJECT AMOUNT STATUS
Calvert County Capital Improvements Plan (FY2027-2032)
Calvert County Government
$569M Planned
Amazon Web Services (AWS) Data Center Campus
Amazon Web Services (AWS)
$500M Proposed
Sollers 230kV Battery Storage Project
Undisclosed
$180M Planned
Calvert Cliffs Nuclear Power Plant Upgrades and Potential Expansion
Constellation
$100M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +2.3% 43 percentile
Population Growth +0.8% 64 percentile
Income Growth +6.5% 12 percentile
Vacancy Rate 0.5% 95 percentile
Home Price Change +1.6% 53 percentile
Rent Growth +4.0% 67 percentile
Price/Rent 16x 27 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Calvert County, MD a good place to move to?

At 33/100, Calvert County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $128,078 combined with job growth of +2.8% suggests the local economy is struggling to keep pace with national trends.

Is Calvert County affordable?

Housing in Calvert County is roughly in line with national affordability norms. The median home costs $418,900 and the income-to-home-value ratio sits at 0.31, with rents averaging $1,589/month. Not a bargain, but not a stretch for most local earners either.

Is Calvert County growing or shrinking?

Calvert County is growing on multiple fronts. Population is up +0.8% year-over-year while employers added jobs at a +2.8% clip. Home values shifted +1.6% in the past year.

Are people moving to Calvert County?

There's a moderate stream of newcomers. About 3.34% of residents moved from another state, which is above average and suggests Calvert County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Baltimore County, MD 29 Carroll County, MD 40 Washington County, MD 42 St. Mary's County, MD 24 Queen Anne's County, MD 44 Baltimore city, MD 17 Flathead County, MT 33 Franklin County, MA 33