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Apartments For Rent in Annapolis, MD

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Apartments for Rent in Annapolis, MD

The town of Annapolis, Maryland is home to just over 39,000 people. The city's population, at an average age of just under 39, is younger than most cities in Maryland. Residents are fairly evenly split between owning (51%) and renting (50%) their home. At $1,454 a month, the average rent is slightly above the state average.

Averaging about 30 minutes, the commute time for Annapolis residents outperforms the Maryland average of about 36 minutes. Driving a vehicle is the most common way to get to work, chosen by 43% of residents, while public transit is not used much. A small percentage of workers (3%) commute on foot, though the number surpasses the national average.

Many Annapolis residents work in one of five industries: entertainment, scientific, retail, healthcare, and education. Combined, these industries account for 32% of the city's labor force. Meanwhile, looking at job function, many residents work in management, as 10% of the city's population reports this as their field of work, the highest number of any career path. Annapolis workers earn an average annual income of just over $97,000, about the same as the average Maryland resident. However, Annapolis compares more favorably to the national average of $73,345. Annapolis has a high concentration of residents over the age of 25 with advanced degrees compared to the national average (7%), as 12% have earned a Master's degree or a Doctorate. Further, 18% have earned a Bachelor's degree, which also outpaces the national average.