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Market insights · Maryland

Talbot County, MD: growth, migration and housing

Talbot County has 38,238 residents, up 2.0% since 2020 (-0.1% in the last year). In 2022–2023, 1,067 households moved in and 1,067 moved out (0 net), bringing in a net $52.5M of income. Median household income is $84,811, the median home $409,700 and median rent $1,256 a month.

Population (2025)38,238
5-year growth+2.0%
1-year growth-0.1%
Net households moving in0
Per 1,000 residents0.0
Net income moving in+$52.5M
Median household income$84,811
Median home value$409,700
Median rent$1,256/mo
Rent as share of income18%

In Maryland: 12th of 24 counties for 5-year population growth · 11th of 24 counties for net in-migration (per resident) · 14th of 24 counties for median household income · 10th of 24 counties for median home value.

Where new residents came from

Top counties by households (tax returns) moving to Talbot County, 2022–2023 (IRS).

FromHouseholds (tax returns)Their income (AGI)
Caroline County, MD117$6.9M
Dorchester County, MD114$7.3M
Anne Arundel County, MD85$9.0M
Queen Anne's County, MD84$6.9M
Montgomery County, MD43$11.7M
Baltimore County, MD30$6.0M
Baltimore city, MD29$5.2M
Wicomico County, MD28$2.0M

Where leavers went

Top counties by households leaving Talbot County, 2022–2023 (IRS).

ToHouseholds (tax returns)Their income (AGI)
Dorchester County, MD130$6.0M
Caroline County, MD112$5.1M
Queen Anne's County, MD62$3.7M
Anne Arundel County, MD58$4.9M
Sussex County, DE36$4.0M
Wicomico County, MD34$3.3M
Baltimore city, MD28$2.2M
Montgomery County, MD23$3.1M

BizyFi in Talbot County

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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.