Cheltenham, MD demographics:
population, income, and more

Total population
2,761
-3.0% year-over-year change
Median household income
$146,058/yr
10.3% year-over-year change
Housing units
917
-5.3% year-over-year change

Cheltenham population

How many people live in Cheltenham

Cheltenham is home to 2,761 residents, according to the most recent Census data. Gender-wise, 51.7% of Cheltenham locals are male, and 48.3% are female.

Total population
2,761
-3.0% year-over-year change
Gender ratio
Male
51.7%
1,427
Female
48.3%
1,334
Value Percent YoY change
Male 1,427 51.7% -2.1%
Female 1,334 48.3% -3.9%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Cheltenham is 50, with the population distributed as follows: about 8.4% are children under 15, then 11.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 25% of the population, while another 31.2% fall into the 45 to 64 bracket. Finally, around 24.4% are 65 or older.

Median age
50.5
Age breakdown
Under 15
8.4%
15 to 24
11.1%
25 to 44
25%
45 to 64
31.2%
Over 65
24.4%
Value Percent YoY change
Under 15 233 8.4% -21.3%
15 to 24 306 11.1% -18.0%
25 to 44 689 25% 23.0%
45 to 64 860 31.2% -0.5%
Over 65 673 24.4% -10.6%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Cheltenham, 86.7% of the population are US-born citizens, while 3.8% have gained naturalized citizenship. At the same time, 9.4% of residents are non-citizens. As for race, 6.5% of locals are Caucasian, 78.6% are African American and 2.2% have Asian roots. There’s also a share of 12.1% that includes residents with two or more races.

Citizenship
U.S.-born citizens
86.7%
Non-U.S.-born citizens
3.8%
Non-citizens
9.4%
Value Percent YoY change
U.S.-born citizens 2,395 86.7% -13.7%
Non-U.S.-born citizens 106 3.8% 86.0%
Non-citizens 260 9.4% 1,633.3%
Racial breakdown
White
6.5%
Black or African American
78.6%
American Indian and Alaska Native
0%
Asian
2.2%
Native Hawaiian and other Pacific Islander
0%
Two or more races
12.1%
Other
0.6%
Value Percent
White 180 6.5%
Black or African American 2,169 78.6%
Asian 61 2.2%
Two or more races 335 12.1%
Other 16 0.6%

Households in Cheltenham

A peek inside Cheltenham households

Cheltenham has 917 households, with an average of 3 members in each. Of these, 80.4% are families, while the remaining 19.6% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
917
-5.3% year-over-year change
Average people per household
3
Non-family households
180
Family households
737
Value Percent YoY change
Non-family households 180 19.6% -27.4%
Family households 737 80.4% 2.4%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Cheltenham

The housing landscape of Cheltenham

Cheltenham's housing consists of 917 units, with 94.9% being detached single-family homes ideal for those wanting space.

Housing units
917
-5.3% year-over-year change
Housing types
Value Percent
1 unit, detached 870 94.9%
10 to 19 units 47 5.1%
Homes built since 2020
% year-over-year change

The age of buildings in Cheltenham

In Cheltenham, the median construction year is 1996. About 1.4% of homes were built before the 1940s, with another 5.1% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 13 1.4% 8.3%
Built between 1940 and 1949 47 5.1% N/A
Built between 1950 and 1959 16 1.7% 0.0%
Built between 1960 and 1969 32 3.5% 190.9%
Built between 1970 and 1979 58 6.3% -32.6%
Built between 1980 and 1989 46 5% -31.3%
Built between 1990 and 1999 427 46.6% -14.4%
Built between 2000 and 2009 232 25.3% 15.4%
Built between 2010 and 2019 46 5% -39.5%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Cheltenham occupancy rates

Out of the 917 occupied housing units in Cheltenham, 93.2% are owner-occupied, while 6.8% are lived in by tenants.

Occupied housing units
917
-5.3% year-over-year change
Occupancy breakdown
Renter occupied
62
Owner occupied
855
Value Percent YoY
change
Renter occupied 62 6.8% 342.9%
Owner occupied 855 93.2% -10.4%
Unoccupied housing units
0.0%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Cheltenham housing costs

Median housing costs per month
$2,401/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.

Education in Cheltenham

Cheltenham education at a glance

About 32.2% of the population in Cheltenham went to high school, while 30.7% pursued college studies. Another 3.4% earned an associate degree and 18.8% hold a bachelor’s. Meanwhile, 14.9% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
High school diploma 779 32.2% 2.5%
College diploma 744 30.7% 8.9%
Associate degree 83 3.4% -18.6%
Bachelor's degree 454 18.8% 17.6%
Graduate degree 361 14.9% -22.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Cheltenham

How much people earn in Cheltenham

The average annual household income in Cheltenham was $178,851 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +7.5% change from the previous year. At the same time, the median income stood at $146,058, reflecting a +10.3% shift over the same period.

Average household income in Cheltenham
$178,851/year
7.5% year-over-year change
Median household income in Cheltenham
$146,058/year
10.3% year-over-year change

Cheltenham income by age

In Cheltenham, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $136,702. Those with someone between 45 and 64 in charge, often well established professionally, earn $237,875 overall. Overall, 99.3% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $136,702 -28.2%
45 - 64 $237,875 7.6%
Over 65 $123,125 28.2%
Above poverty level
2,708
Below poverty level
18
Value Percent YoY
change
Above poverty level 2,708 99.3% -2.2%
Below poverty level 18 0.7% -64.0%

Employment in Cheltenham

Workforce and job types in Cheltenham

The job market in Cheltenham is powered by 1,658 working residents, spread across a range of industries and roles. 80.6% of the working population are employed in professional or administrative positions, while 19.4% are in hands-on or service-based jobs. Also, 4.1% run their own businesses, 38.8% are employed by private companies, and 43.1% work in the public sector.

Workforce demographics

Working population
1,658
2.5% year-over-year change
White collar
1,337
Blue collar
321
Value Percent YoY change
White collar 1,337 80.6% 1.2%
Blue collar 321 19.4% 8.4%
Employer type
Self employees
4.1%
Private companies
38.8%
Governmental workers
43.1%
Not for profit companies
13.9%
Value Percent YoY change
Self employees 68 4.1% 277.8%
Private companies 644 38.8% 7.0%
Governmental workers 715 43.1% -9.8%
Not for profit companies 231 13.9% 13.2%
Unemployment rate
3.4%
-33.3% year-over-year change

Available workforce

The unemployment rate in Cheltenham stands at 3.4%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Cheltenham

How people get around in Cheltenham

Commuting methods vary: 99% of residents travel by personal vehicle and 1% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 1,306 99% -1.2%
Walk 13 1% 8.3%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Cheltenham by zipcode?

Zipcode Population Number of households Median income Average income
20623 2,761 917 $146,058 $178,870

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FAQs about Cheltenham demographics 

What is the total population of Cheltenham?

Cheltenham has a total population of 2,761 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -3.0% compared to a year ago.

What is the gender ratio in Cheltenham?

The gender ratio in Cheltenham is as follows:
  • 51.7% males (1,427 residents)
  • 48.3% females (1,334 residents)

What is the median age in Cheltenham?

The median age in Cheltenham is 50.5.

What is the age distribution of the population in Cheltenham?

The age distribution in Cheltenham is as follows:
  • Under 15: 8.4% (233 residents)
  • Ages 15-24: 11.1% (306 residents)
  • Ages 25-44: 25% (689 residents)
  • Ages 45-64: 31.2% (860 residents)
  • Over 65: 24.4% (673 residents)

What is the racial and ethnic makeup of Cheltenham?

The racial and ethnic makeup of Cheltenham is as follows:
  • White: 6.5% (180 residents)
  • Black or African American: 78.6% (2,169 residents)
  • American Indian and Alaska Native: 0% ( residents)
  • Asian: 2.2% (61 residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 12.1% (335 residents)
  • Other: 0.6% (16 residents)

What percentage of the population in Cheltenham are U.S.-born citizens?

U.S.-born citizens represent 86.7% of the population in Cheltenham.

How many housing units are there in Cheltenham?

There are 917 housing units in Cheltenham, reflecting a -5.3% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Cheltenham and what is the average household size?

Cheltenham has a total of 917 households, with an average of 3 people in each.

What is the median household income in Cheltenham?

Cheltenham has a median household income of $146,058, representing a +10.3% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Cheltenham?

The employment rate is 96.6% in Cheltenham, with a workforce of 1,658 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 80.6% (1,337 residents)
  • Blue-collar workers: 19.4% (321 residents)

Places of employment:
  • Self-employed: 4.1% (68 residents)
  • Private companies: 38.8% (644 residents)
  • Governmental workers: 43.1% (715 residents)
  • Not-for-profit companies: 13.9% (231 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025