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The total population of Federalsburg is estimated to be 2,818 with 1,180 males (41.87%) and 1,638 females (58.13%). There are 458 more females than males in Federalsburg.
The median household income in Federalsburg was $34,083 in 2021, which marked an a decrease of 2,081(5.75%) from $36,164 in 2020. This income is 45.68% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Federalsburg sees its highest median household income among householders in the age group of 65 years and over old, at $42,224. Overall, the median household income for the town of Federalsburg stands at $34,083.
In Federalsburg, the median income for all workers aged 15 years and older, regardless of work hours, was $22,919 for males and $18,998 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $36,916 for males and $36,428 for females.
In Federalsburg, there are just two different racial groups among households. Among these, White households report a median household income of $42,800, while Black or African American households have a median household income of $30,890.
In 2022, the population of Federalsburg was 2,806, a 0.60% decrease year-by-year from 2021. Previously, in 2021, Federalsburg's population was 2,823, a decline of 0.18% compared to a population of 2,828 in 2020.
The median age in Federalsburg, MD is 32.1, as per 2021 ACS 5-Year Estimates. Of the total population, 27.44% were under the age of 15, 19.58% aged 15 to 29, 38.60% aged 30 to 64, 11.86% aged 65 to 84, and 2.51% were 85 years of age and older.
Racial distribution of Federalsburg population: 45.89% are White, 43.84% are Black or African American, 2.58% are American Indian and Alaska Native, 0.35% are some other race and 7.33% are multiracial.