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Prince George's County, MD

RANK #695 / 1001 NAT  ·  #9 / 18 MD  ·  POP 959,754

1YR FORECAST: -1.1%

5YR OUTLOOK: +26%

Our model projects Prince George's County's housing market at -1.1% over the next year, underperforming most U.S. counties.

[01] Why Prince George's County?

Greenbelt, a historic planned community, offers a glimpse into Prince George's County's distinctive character. Located just east of Washington, D.C., the county provides various commute options, including 15 Metrorail stations, MARC train service, and numerous bus routes, making it accessible for those working in the capital or Baltimore. The county features a mix of urban, suburban, and rural landscapes, with parks like Watkins Regional Park and Patuxent Research Refuge providing extensive opportunities for hiking, biking, fishing, and boating. This blend of accessibility and natural scenery contributes to the community's appeal.

Life in the county often involves families and individuals seeking proximity to Washington, D.C., without the higher housing costs of the city. Prince George's County Public Schools operates a large district with numerous elementary, middle, and high schools. The economy is experiencing growth, driven by investments in commercial and residential developments, data centers, and infrastructure projects like the Purple Line light rail. Federal government operations, healthcare, and technology sectors also contribute to the economic landscape, with institutions like the University of Maryland, College Park, and NASA Goddard Space Flight Center located within the county.

MARKET PROFILE

Idiosyncratic Markets

Prince George's County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices -0.4% YoY, population +0.4%, wages +3.7%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
16.4x

Overvalued relative to economy

Home Prices
-0.4%

Prices declining

Climate & Terrain
-0.6

Below-average climate & terrain

Price/Rent
18x

Above national median (15x)

Housing looks overvalued at 16.4x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Prince George's County Public Schools Education
    10,000+
  2. 2
    University System of Maryland Education
  3. 3
    U.S. Census Bureau Government
    2,500+
  4. 4
    United Parcel Service (UPS) Logistics
  5. 5
    NASA - Goddard Space Flight Center Government
  6. 6
    Giant Food Retail
  7. 7
    Prince George's Community College Education
  8. 8
    Verizon Technology
  9. 9
    Dimensions Healthcare System Healthcare
  10. 10
    Marriott International/Gaylord Resort and Convention Center Hospitality
    1,000+

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

[04] Home Value Growth vs National

Prince George's County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
959,754
+0.44% YoY
Median Household Income
$101,798
Median Home Value
$426,000
-0.42% 12mo
Median Rent
$1,799
Average Annual Pay
$76,067
+3.7% YoY
Employment
328,677
-0.2% YoY
Income-to-Home-Value
0.239
Near national average
Migration Inflow
2.24%
of pop. from another state
Bachelor's Degree+
36.7%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$449,450
Days on Market
41
Moderate pace
Months of Supply
3.5
Balanced market
Sale-to-List Ratio
100.0%
Near asking price
Sold Above List
35.9%
Listings w/ Price Drops
26.5%
Building Permits (2025)
2,090
Single-Family Permits
1,530

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

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
12.8
per 100K · nat avg 6.3
Firearm Fatalities
13.6
per 100K · nat avg 14.8
Injury Deaths
67.6
per 100K · nat avg 76.3
vs National Average
Well 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)
41.3
Good
Good Air Days
78%
853 of 1,095 days
Unhealthy+ Days (3yr)
17
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
41
2022
39
2023
44
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

$17,331M
TOTAL
PROJECT AMOUNT STATUS
Purple Line Light Rail Transit System
Maryland Transit Administration
$9,600M Under Construction
Brightseat Tech Park Data Center Campus
Brightseat Associates LLC (Lerner Enterprises)
$5,000M Planned
Carillon Mixed-Use Development
Kite Realty Group Trust
$1,000M Planned
PSEG Keys Energy Center
PSEG
$831M Operating
New Carrollton Mixed-Use Development
Urban Atlantic and Brookfield Properties
$500M Under Construction
Chalk Point Reliability Storage LLC Battery Energy Storage System
Chalk Point Reliability Storage LLC
$400M Proposed

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

[08] Score Breakdown

Population Growth +0.4% 41 percentile
Income Growth +1.1% 17 percentile
Vacancy Rate 1.1% 41 percentile
Home Price Change -0.4% 22 percentile
Rent Growth +1.9% 34 percentile
Price/Rent 18x 27 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Prince George's County, MD a good place to move to?

At 30/100, Prince George's County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $101,798 combined with job growth of -0.2% suggests the local economy is struggling to keep pace with national trends.

Is Prince George's County affordable?

Prince George's County leans toward the expensive side. A median home value of $426,000 against an income-to-home-value ratio of 0.24 means housing eats a bigger share of local earnings than the national norm. Renters face $1,799/month on average.

Is Prince George's County growing or shrinking?

Population and employment in Prince George's County are both close to flat — population +0.4% YoY and jobs -0.2%. Home values shifted -0.4% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Prince George's County?

There's a moderate stream of newcomers. About 2.24% of residents moved from another state, which is above average and suggests Prince George's County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Calvert County, MD 29 Queen Anne's County, MD 37 Cecil County, MD 21 Carroll County, MD 40 Harford County, MD 40 Frederick County, MD 19 Kern County, CA 30 Hudson County, NJ 30