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The total population of Lonaconing is estimated to be 1,071 with 510 males (47.62%) and 561 females (52.38%). There are 51 more females than males in Lonaconing.
The median household income in Lonaconing was $49,857 in 2021, which marked an a decrease of 4,334(8%) from $54,191 in 2020. This income is 66.83% 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, Lonaconing sees its highest median household income among householders in the age group of 45 to 64 years old, at $55,937. Overall, the median household income for the town of Lonaconing stands at $49,857.
In Lonaconing, the median income for all workers aged 15 years and older, regardless of work hours, was $29,274 for males and $27,323 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $55,681 for males and $44,484 for females.
In Lonaconing, population is primarily represented by White households, reporting a median income of $49,587.
In 2022, the population of Lonaconing was 987, a 0.80% decrease year-by-year from 2021. Previously, in 2021, Lonaconing's population was 995, a decline of 0.30% compared to a population of 998 in 2020.
The median age in Lonaconing, MD is 36.7, as per 2021 ACS 5-Year Estimates. Of the total population, 21.21% were under the age of 15, 18.71% aged 15 to 29, 41.90% aged 30 to 64, 14.22% aged 65 to 84, and 3.97% were 85 years of age and older.
Racial distribution of Lonaconing population: 96.81% are White, 0.26% are Black or African American, 1.72% are Asian, 0.26% are some other race and 0.95% are multiracial.