8 / 100

Charles County, MD

District 6

RANK #907 / 996 NAT  ·  #16 / 18 MD  ·  POP 167,035

1YR FORECAST: +0.4%

5YR OUTLOOK: +11%

Our model projects Charles County's housing market at +0.4% over the next year, underperforming most U.S. counties.

[01] Why Charles County?

Charles County, Maryland, is known for its blend of suburban and rural environments, situated about 30 miles south of Washington, D.C.. A notable feature is the Historic Port Tobacco Village, once a significant seaport, offering a glimpse into the region's past with its reconstructed 1819 courthouse and historic homes. The county boasts over 300 miles of Potomac River shoreline, providing opportunities for water-based recreation like fishing, kayaking, and birdwatching. Parks such as Smallwood State Park and Gilbert Run Park offer hiking trails, picnic areas, and paddleboat rentals, while the Indian Head Rail Trail provides a 13-mile paved path through natural areas.

Life in Charles County attracts families and professionals seeking a balance between a relaxed lifestyle and access to major cities. Commuting to Washington, D.C., Northern Virginia, or Andrews Air Force Base is common, with main highways like Route 301 and Route 5, and commuter bus options available. Charles County Public Schools serve the majority of students, with 39 schools and educational centers, including seven high schools. The economy is diversifying, with growth in sectors such as defense, energetics technology, federal contracting, logistics and distribution, and healthcare. The Naval Surface Warfare Center Indian Head is a significant employer and a hub for energetics technology.

[02] Market Snapshot

Housing Ratio
9.6x

Overvalued relative to economy

GDP Growth
+5.7%

Well above national median

Home Prices
-0.5%

Prices declining

Climate & Terrain
0.6

Moderate climate & terrain

Price/Rent
14x

Above national median (13x)

Housing looks overvalued at 9.6x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Genesis HealthCare Healthcare
    250+
  2. 2
    Bloomin' Brands Hospitality
  3. 3
    CCNRC Family of Care Healthcare
  4. 4
    Darden Restaurants Hospitality
  5. 5
    Macy's Retail
  6. 6
    Applebee's International Hospitality
    100+
  7. 7
    Naval Surface Warfare Center Indian Head (NSWC Indian Head) Military
  8. 8
    Charles County Public Schools Education
  9. 9
    Charles County Government Government
  10. 10
    College of Southern Maryland Education

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

[04] Home Value Growth vs National

Charles County U.S. National

The Numbers

DEMOGRAPHICS
Population
167,035
+1.11% YoY
Median Household Income
$116,882
Median Home Value
$382,800
-0.54% 12mo
Median Rent
$1,839
Average Annual Pay
$60,436
+2.4% YoY
Employment
43,087
+4.1% YoY
Income-to-Home-Value
0.3053
More affordable than average
Migration Inflow
3.99%
of pop. from another state
Bachelor's Degree+
31.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$438,995
Days on Market
83
Slower market
Months of Supply
3.2
Balanced market
Sale-to-List Ratio
99.8%
Near asking price
Sold Above List
31.4%
Listings w/ Price Drops
16.3%
Building Permits (2024)
1,542
Single-Family Permits
1,026

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

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
8.1
per 100K · nat avg 6.3
Firearm Fatalities
14.1
per 100K · nat avg 14.8
Injury Deaths
80.8
per 100K · nat avg 76.3
vs National Average
Above 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)
40.3
Good
Good Air Days
88%
639 of 730 days
Unhealthy+ Days (3yr)
3
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
38
2022
41
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

$3,750M
TOTAL
PROJECT AMOUNT STATUS
Naval Surface Warfare Center Indian Head Division (NSWC IHD) Infrastructure Updates
U.S. Navy
$2,000M Planned
Morgantown 230 kV Battery Storage
Undisclosed
$1,122M Planned
Waldorf Station Mixed-Use Development
Greenberg Gibbons
$500M Under Construction
Berry Pointe Commercial Development
St. John's Properties
$100M Under Construction
Ripley Solar Farm
MN8 Energy LLC
$28M Operating

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

[08] Score Breakdown

GDP Growth +5.7% 89 percentile
Population Growth +1.1% 75 percentile
Income Growth +8.4% 48 percentile
Vacancy Rate 0.7% 84 percentile
Home Price Change -0.5% 25 percentile
Rent Growth +1.5% 27 percentile
Price/Rent 14x 49 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

The data is not encouraging — Charles County scores just 8/100 on the Boom Town Index, ranking #907 of 996 counties. Job growth at +4.1% and median household income of $116,882 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Charles County affordable?

Housing in Charles County is roughly in line with national affordability norms. The median home costs $382,800 and the income-to-home-value ratio sits at 0.31, with rents averaging $1,839/month. Not a bargain, but not a stretch for most local earners either.

Is Charles County growing or shrinking?

Charles County is growing on multiple fronts. Population is up +1.1% year-over-year while employers added jobs at a +4.1% clip. Home values shifted -0.5% in the past year.

Are people moving to Charles County?

There's a moderate stream of newcomers. About 3.99% of residents moved from another state, which is above average and suggests Charles County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Howard County, MD 9 Montgomery County, MD 6 Frederick County, MD 5 Anne Arundel County, MD 12 Worcester County, MD 12 Prince George's County, MD 12 Santa Fe County, NM 8 New Hanover County, NC 8