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

Wheaton, Maryland

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

Wheaton is a census-designated place in Montgomery County, Maryland, United States, situated north of Washington, D.C., and northwest of downtown Silver Spring. Wheaton takes its name from Frank Wheaton (1833–1903), a career officer in the United States Army and volunteer from Rhode Island in the Union Army who rose to the rank of major-general while serving before, during, and after the Civil War.

Wheaton had a population of 52,150 at the 2020 census. The United States Postal Service has assigned ZIP code 20902 to Wheaton, but the Wheaton Post Office is a part of the larger Silver Spring area. Downtown Wheaton is located around the triangle formed by Veirs Mill Road, University Boulevard, and Georgia Avenue.

DEMOGRAPHICS

Population
51191
Unemployment
7.3%
55% NAT AVG.
Poverty
10%
29% NAT AVG.
Cost Of Living
132
32% NAT AVG.

ECONOMICS

Median Home Cost
$383600
67% NAT AVG.
Median Income
$88241
31% NAT AVG.
Median Rent
$1852
60% NAT AVG.
Overall Score
7

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 10
Unemployed People
1 in 14
People Earning < $10,000
1 in 17
People Earning < $50,000
26.4%
People With Any Degree
1 in 2.4

ETHNICITY

Ethnicity Wheaton USA
White 23.6% 60.1%
African American 16% 12.2%
American Indian 0.3% 0.6%
Asian 11.4% 5.6%
Hawaiian 0.3% 0.2%
Multiracial 3% 2.8%
Hispanic 44.5% 18.2%
Other 0.9% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Wheaton USA
Less than $10,000 5.8% 5.8%
$10,000 to $14,999 1.7% 4.1%
$15,000 to $24,999 5.9% 8.5%
$25,000 to $34,999 5.2% 8.6%
$35,000 to $49,999 7.8% 12.0%
$50,000 to $74,999 15.8% 17.2%
$75,000 to $99,999 16.7% 12.8%
$100,000 to $149,999 20.9% 15.6%
$150,000 to $199,999 10.6% 7.1%

EDUCATION

Education Wheaton USA
< 9th Grade 11% 5.0%
9-12th Grade 8% 7.0%
High School or GED 22% 27.0%
Other College 18% 20.0%
Associate's Degree 5% 9%
Bachelor's Degree 20% 20.0%
Master's Degree 11% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 2% 1.0%
Wheaton is a city in Maryland state in USA with a population of 51191 residents.. The poverty rate of Wheaton is 10%, which is 29% lower than national average. The typical household in Wheaton earns $88241 a year, compared to the national median of $67,500. Nearly 26.4% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Wheaton remained 7.3%, which is 55% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Wheaton is 132, which is 32% higher than national average. In Wheaton, only 36% of adults have a bachelor's degree and 23% have some college but no degree. Median home value in Wheaton is $383600 , which is 67% higher than national average. While median income in Wheaton remained $88241, which is 31% 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.
Wheaton Scorecard

Jobs80%

Housing90%

Affordability40%

Safety100%

Amenities100%

Diversity100%

Education70%

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