HomeMarylandAllegany CountyFrostburg
Frostburg, Maryland: commercial real estate data.
Frostburg is a Census city of 6,977 people across 3.34 square miles of land, in Allegany County. Median household income is $52,977, 49.4 percent of occupied homes are owned, and the SBA record carries 12 7(a) approvals to borrowers here worth $2.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Frostburg
What Frostburg is
- Census place typecity
- Land area3.34 sq mi
- Water area0 sq mi
- Population per square mile of land2,087
- County holding the largest share of its areaAllegany County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Frostburg
How many people live in Frostburg
- Population6,977
- Median age25.6
- Population under 18916 plus or minus 206
- Share under 1813.1 percent plus or minus 2.9
- Population 65 and over1,137 plus or minus 228
- Share 65 and over16.3 percent plus or minus 3.3
- Households2,749
- Family households1,128
- Share of households that are families41.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Frostburg
Income and work in Frostburg
- Median household income$52,977
- Per capita income$28,084
- Civilian labor force2,977
- Employed2,778
- Unemployed199 plus or minus 126
- Unemployment rate6.7 percent plus or minus 4.2
- Adults 25 and over3,586
- Adults 25 and over with a high school diploma or higher92.1 percent
- Adults 25 and over with a bachelor degree or higher41.5 percent
- Adults 25 and over with a graduate degree17.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Frostburg
Housing in Frostburg
- Housing units3,131
- Occupied units2,749
- Vacant units382 plus or minus 138
- Vacancy rate12.2 percent plus or minus 4.3
- Owner occupied1,359
- Renter occupied1,390
- Ownership rate49.4 percent
- Median owner-occupied home value$181,700
- Median gross rent, monthly$945
- Annual rent as a share of median income21.4 percent plus or minus 4.3
- Single family units1,792
- Share single family57.2 percent
- Units in buildings of two or more1,280 plus or minus 279
- Share in buildings of two or more40.9 percent plus or minus 8.2
- Mobile homes59 plus or minus 46
- Median year structure built1961
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Frostburg
How Frostburg gets to work
- Workers 16 and over who commute2,264
- Commuting under 15 minutes827 plus or minus 204
- Share commuting under 15 minutes36.5 percent plus or minus 7.4
- Commuting 30 minutes or more486 plus or minus 189
- Share commuting 30 minutes or more21.5 percent plus or minus 7.8
- Drove alone71.4 percent
- Carpooled5.2 percent plus or minus 3.4
- Public transport0.8 percent plus or minus 1.2
- Walked7.2 percent plus or minus 2.8
- Worked from home14.4 percent plus or minus 5.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Frostburg
SBA loans in Frostburg (7(a))
- Approvals12
- Gross approval$2,755,500
- Average approval$229,625
- Median approval$46,500
- Largest approval$2,263,000
- Jobs supported46
- Jobs per approval3.8
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more8.3 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS9
Counted by borrower city: approvals to borrowers whose address is in Frostburg, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Frostburg
Flood risk in Frostburg
- NFIP communityCity of Frostburg
- NFIP community number240004
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date04/03/20
The City of Frostburg participates in the National Flood Insurance Program as community 240004 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Allegany County, not Frostburg
Allegany County context, not Frostburg figures
- Establishments in Allegany County1,430
- Covered employment, Allegany County26,680
- Average annual pay, Allegany County$51,777
- Housing units permitted, Allegany County59
Every figure in this section is published for Allegany County as a whole and is not a measurement of Frostburg.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Frostburg questions, answered from the record.
How many people live in Frostburg, Maryland?
6,977, in 2,749 households. Frostburg city covers 3.34 square miles of land, which is 2,087 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Frostburg in?
Allegany County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Frostburg?
$52,977. The median owner-occupied home is valued at $181,700. Median gross rent is $945 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Frostburg businesses?
12 7(a) approvals totaling $2.8 m since FY2020, across 3 lenders, median approval $46,500. These count approvals to borrowers whose address is in Frostburg, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Frostburg borrowers get paid back?
No rate is published for Frostburg. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Frostburg in the National Flood Insurance Program?
Yes. Frostburg appears in the FEMA Community Status Book as Frostburg, city of, community 240004, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Frostburg figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Allegany County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Frostburg.
Is zoning published for Frostburg?
No. Nothing on this page presents parcel level zoning.