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The total population of Taneytown is estimated to be 7,234 with 3,447 males (47.65%) and 3,787 females (52.35%). There are 340 more females than males in Taneytown.
The median household income in Taneytown was $81,249 in 2021, which marked an an increase of 4,548(5.93%) from $76,701 in 2020. This income is 108.90% 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, Taneytown sees its highest median household income among householders in the age group of 45 to 64 years old, at $101,521. Overall, the median household income for the city of Taneytown stands at $81,249.
In Taneytown, the median income for all workers aged 15 years and older, regardless of work hours, was $49,589 for males and $37,174 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $74,057 for males and $58,593 for females.
In Taneytown, population is primarily represented by White households, reporting a median income of $81,441.
In 2022, the population of Taneytown was 7,340, a 0.67% increase year-by-year from 2021. Previously, in 2021, Taneytown's population was 7,291, an increase of 0.82% compared to a population of 7,232 in 2020.
The median age in Taneytown, MD is 39.7, as per 2021 ACS 5-Year Estimates. Of the total population, 21.69% were under the age of 15, 16.82% aged 15 to 29, 41.32% aged 30 to 64, 19.57% aged 65 to 84, and 0.60% were 85 years of age and older.
Racial distribution of Taneytown population: 88.90% are White, 8.03% are Black or African American, 0.17% are American Indian and Alaska Native, 1.39% are Asian and 1.50% are multiracial.