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The total population of Hampstead is estimated to be 6,278 with 2,742 males (43.68%) and 3,536 females (56.32%). There are 794 more females than males in Hampstead.
The median household income in Hampstead was $86,889 in 2021, which marked an an increase of 1,459(1.71%) from $85,430 in 2020. This income is 116.46% 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, Hampstead sees its highest median household income among householders in the age group of 45 to 64 years old, at $113,796. Overall, the median household income for the town of Hampstead stands at $86,889.
In Hampstead, the median income for all workers aged 15 years and older, regardless of work hours, was $59,860 for males and $42,188 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $74,506 for males and $62,256 for females.
In Hampstead, there are just three different racial groups among households. Among these, Asian households report a median household income of $90,751, followed by White households at $85,797, and Black or African American households with a median household income of $54,817.
In 2022, the population of Hampstead was 6,342, a 0.68% increase year-by-year from 2021. Previously, in 2021, Hampstead's population was 6,299, an increase of 0.80% compared to a population of 6,249 in 2020.
The median age in Hampstead, MD is 37.6, as per 2021 ACS 5-Year Estimates. Of the total population, 15.13% were under the age of 15, 20.60% aged 15 to 29, 49.82% aged 30 to 64, 12.74% aged 65 to 84, and 1.72% were 85 years of age and older.
Racial distribution of Hampstead population: 88.63% are White, 1.39% are Black or African American, 0.26% are American Indian and Alaska Native, 5.74% are Asian, 2.02% are some other race and 1.96% are multiracial.