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Population & People
Population
7,118
Median age
25.6
Median household income
$52,977
Poverty rate
28.8%
Unemployment rate
6.7%
Bachelor's degree+
41.5%
Avg. commute
22 min
Hispanic or Latino
2.0%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$181,700
Median gross rent
$945/mo
Homeownership rate
49.44%
HUD FMR — 2 bedroom
$1,657
HUD Fair Market Rent (Maryland statewide average across 24 areas — not specific to Frostburg), 2026. Efficiency $1314, 1BR $1404, 2BR $1657, 3BR $2133, 4BR $2449. This is a different official figure from Census median gross rent above.
Energy
Maryland commercial electricity
14.74¢/kWh
Maryland industrial electricity
12.5¢/kWh
Maryland residential electricity
19.48¢/kWh
Economy
Gross Domestic Product: All Industry Total
568139.7
Real Gross Domestic Product: All Industry Total
436172
All-Transactions House Price Index for Maryland
722.18
Unemployment Rate
4.2%
Source: FRED, Maryland-specific series.