Pros and Cons of Living In Cloverly, Maryland. Is Cloverly, MD a Nice Place To Live or Retire?

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Cloverly, Maryland

Moving to Cloverly In Maryland ? Is Cloverly, MD a Nice Place To Live? Pros and Cons of Living in Cloverly, Maryland. Find out the best and worst about to live, raise a family or retire in Cloverly.

Cloverly is an unincorporated town and census-designated place in Montgomery County, Maryland, United States. Its population was 15,285 as of the 2020 census.

DEMOGRAPHICS

Population
15915
Unemployment
7.4%
57% NAT AVG.
Poverty
2.8%
80% NAT AVG.
Cost Of Living
146
46% NAT AVG.

ECONOMICS

Median Home Cost
$513200
123% NAT AVG.
Median Income
$134527
99% NAT AVG.
Median Rent
$1742
50% NAT AVG.
Overall Score
7

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 36
Unemployed People
1 in 14
People Earning < $10,000
1 in 63
People Earning < $50,000
14.5%
People With Any Degree
1 in 1.4

ETHNICITY

Ethnicity Cloverly USA
White 39.2% 60.1%
African American 32.2% 12.2%
American Indian 0% 0.6%
Asian 13.1% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.4% 2.8%
Hispanic 11.3% 18.2%
Other 0.8% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Cloverly USA
Less than $10,000 1.6% 5.8%
$10,000 to $14,999 1.4% 4.1%
$15,000 to $24,999 2.8% 8.5%
$25,000 to $34,999 3.4% 8.6%
$35,000 to $49,999 5.3% 12.0%
$50,000 to $74,999 12.3% 17.2%
$75,000 to $99,999 9.3% 12.8%
$100,000 to $149,999 21.6% 15.6%
$150,000 to $199,999 13.3% 7.1%

EDUCATION

Education Cloverly USA
< 9th Grade 2% 5.0%
9-12th Grade 3% 7.0%
High School or GED 15% 27.0%
Other College 11% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 31% 20.0%
Master's Degree 22% 9.0%
Professional Degree 5% 2.0%
Doctorate Degree 5% 1.0%
Cloverly is a city in Maryland state in USA with a population of 15915 residents.. The poverty rate of Cloverly is 2.8%, which is 80% lower than national average. The typical household in Cloverly earns $134527 a year, compared to the national median of $67,500. Nearly 14.5% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Cloverly remained 7.4%, which is 57% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Cloverly is 146, which is 46% higher than national average. In Cloverly, only 63% of adults have a bachelor's degree and 17% have some college but no degree. Median home value in Cloverly is $513200 , which is 123% higher than national average. While median income in Cloverly remained $134527, which is 99% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Cloverly Scorecard

Jobs80%

Housing95%

Affordability80%

Safety85%

Amenities85%

Diversity100%

Education90%

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