Annapolis has a population of approximately 40,581 and experiences a population change rate of 13.24%. The population density is 5,630 / sq mi .
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Population
Household
The median household income for Annapolis is $92,026, with 16,813 households and an average household size of 2.38.
Home Value
The median value of a home in Annapolis is $552,900 with an appreciation rate of 10.90%. 52.91% of housing in the state is owned while 38.84% is rented.
Cost of Living
The cost of living in Annapolis is 141 %.
Employment
The unemployment rate in Annapolis is 1.40%, and recent job growth is at 1.72%. Future job growth is projected at 33.72%.
Taxes
The sales tax rate in Annapolis is 6.00%, while the income tax rate is 4.75% .
Education
School expenditures in Annapolis are $17,686, and the school ratio is 13.8:1.
Weather
The average high temperature in July is 87.1 degrees, with an average low temperature in January of 28.4 degrees. The average rainfall is approximately 45.3 inches per year, with 12 inches of snow per year.