What Is The Average Income In Bowie MD?

Definition of "What is the average income in Bowie MD?"

Joye Holverson real estate agent

Written by

Joye Holversonelite badge icon

Coldwell Banker

When you strip away all of the different competing outlooks and worldviews held by the various demographics across the country, one thing remains consistent: America runs on money. This isn’t a pretty truth, but it’s a truth nonetheless. Without a healthy surplus of those seemingly insignificant rectangular pieces of green cloth, life is hard indeed. 

This being the case, it makes sense that homebuyers would seek to buy property in an area with a median income that is substantially higher than average, with a cost of living that’s only nominally higher than the U.S. average. A higher median income means more money to provide for your family, more money to afford the comforts and conveniences of western technology, and ultimately, an easier life. 

Median income in Bowie MD

With all of this said, you probably have a pretty good idea where we’re going with this. That’s right: the city of Bowie MD has an exceptionally high median income. At almost twice the national average, Bowie’s median household income is substantially better than you’d expect from a mid sized city, and this makes it an excellent choice for foresightful homebuyers. 

So how high is the median household income in Bowie, exactly? At $112,000 per year, the median household income is very high. Compared to the national average household income of $61,000 a year, it’s easy to see why so many homebuyers are choosing to make this city of Bowie MD their new home. 

Are you interested in making this charming and exceptionally lucrative city your home? Then you’ll want to get in touch with one of the excellent real estate agents in Bowie MD. These experienced, knowledgeable real estate professionals will do their utmost to find you a home that suits your needs and your budget. Before you know it, you might just be calling the city of Bowie MD home! 

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Questions

Popular Real Estate Glossary Terms

(1) Government seizes private property, but does not provide fair and reasonable compensation for it. (2) Property is seized and the owners rights abolished because of a legal violation. ...

Estimated price at which a partner in a partnership can buy out another partner. There are several methods for developing a buy-out estimate including market comparisons, appraisals, or ...

Tax concept whereby income not actually received is considered to be constructively received by a taxpayer and thus must be reported. ...

The bonus depreciation definition refers to a tax incentive that allows a business to accelerate the depreciation deduction in the year when the asset is purchased and placed into use. The ...

Contractual clause freeing a party from personal liability. Foe example, an exculpatory clause in a mortgage agreement provides a mortgagor the ability to surrender a mortgage property in ...

Board behind steps or stair going upward. ...

Ownership by two or more persons that give the right to use the entire property. ...

Ambiguous contractual language that may result in an unsuspecting buyer of a real property incurring obligations or risks not clearly evident. ...

Notice of a pending suit; a public notice given to prospective purchasers and any one else considering an interest in property that the title is being legally challenged, and the outcome is ...