A moderate-sized city located in Anne Arundel County, Annapolis is known for its excellent amenities and interesting attractions. This bustling city on the Chesapeake Bay has a charming East-Coast vibe and there's never a shortage of things to do here.
Conveniently located within an hour drive from both Baltimore and Washington, D.C., Annapolis is home to many students, professionals, artists, and members of the armed forces. It's an excellent location for both singles and families to call home.
Annapolis is Maryland's capital city. It has a population of approximately 39,000 and a population density of 5,419 per square mile, which is fairly high in relation to many other nearby cities. The city's demographics are mostly white (52%), black (24.4%) and Hispanic (21.7%). The median age here is 34 and residents generally have moderate political views. After voting Republican in the previous four presidential elections, Anne Arundel County flipped to Democrat during our most recent election.
The median home value in Annapolis is $377,200, which is significantly higher than the national average. Approximately 51 percent of residents own their homes. Those who rent pay an average of $1,454 per month. Browse the newest real estate listings in Annapolis, MD.
The public schools in Annapolis are above average. The city boasts a high school graduation rate of 86 percent, which is 3 percent higher than the national average. The average student-teacher ratio is 14 to 1. The top public schools here include West Annapolis Elementary, Rolling Knolls Elementary, Hillsmere Elementary, Chesapeake Science Point Public Charter School, and Annapolis Middle School. There are also many excellent private schools in the city. Annapolis is also home to the U.S. Naval Academy and St. John's College. Find homes in Annapolis by school district.
As with many large cities, Annapolis has a fairly high cost of living. It's currently approximately 30 percent more than the national average, and 8 percent higher than the rest of the state. This is offset, however, by higher-than-average household and per-capita incomes. The median household income in Annapolis is $74,187, which is 34 percent higher than the national average and the per-capital income comes in at about 46 percent higher than the national average, at $43,431. The unemployment rate here approximately 24 percent lower than the United States average. The most common industries in Annapolis include management occupations, food prep and serving, sales, office and administration support, and business and financial operations. Major companies including AT&T, Boeing, and Oracle have offices in the city.
Annapolis is known for its busy downtown packed with stores, restaurants, and bars. It also has a beautiful waterfront area flush with yacht clubs and marinas. Many residents enjoy water activities like kayaking, paddle boarding, yachting, and sailing. In fact, the city is known as America's Sailing Capital.
You'll also find excellent dining and nightlife and a thriving live music scene. With a vibrant arts district, lively theater scene, and many beautiful parks, Annapolis offers plenty of opportunities for locals and visitors to enjoy both culture and outdoor adventures. Some of the most popular area attractions include the Annapolis Maritime Museum, William Paca House and Gardens, the Academy Naval Museum, and the Maryland State House.
Are you interested in exploring some great Annapolis real estate options? Our REALTORS® would love the opportunity to show you around. Contact us today to schedule an appointment and get started!
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