HomeMarylandAllegany CountyLonaconing town
Lonaconing town, Maryland: commercial real estate data.
Lonaconing town is a Census town of 889 people across 0.36 square miles of land, in Allegany County. Median household income is $54,250, 61.7 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $45,000.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Lonaconing
What Lonaconing is
- Census place typetown
- Land area0.36 sq mi
- Water area0 sq mi
- Population per square mile of land2,456 plus or minus 611
- 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.
Lonaconing
How many people live in Lonaconing
- Population889 plus or minus 221
- Median age46.2 plus or minus 13.8
- Population under 18162 plus or minus 70
- Share under 1818.2 percent plus or minus 6.4
- Population 65 and over230 plus or minus 65
- Share 65 and over25.9 percent
- Households363 plus or minus 76
- Family households211 plus or minus 55
- Share of households that are families58.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lonaconing
Income and work in Lonaconing
- Median household income$54,250 plus or minus $19,350
- Per capita income$25,144
- Civilian labor force301 plus or minus 96
- Employed284 plus or minus 93
- Unemployed17 plus or minus 14
- Unemployment rate5.6 percent plus or minus 4.3
- Adults 25 and over641
- Adults 25 and over with a high school diploma or higher89.1 percent
- Adults 25 and over with a bachelor degree or higher20.6 percent plus or minus 6.2
- Adults 25 and over with a graduate degree10.6 percent plus or minus 5.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lonaconing
Housing in Lonaconing
- Housing units454 plus or minus 94
- Occupied units363 plus or minus 76
- Vacant units91 plus or minus 50
- Vacancy rate20.0 percent plus or minus 10.2
- Owner occupied224 plus or minus 51
- Renter occupied139 plus or minus 55
- Ownership rate61.7 percent
- Median owner-occupied home value$89,400 plus or minus $26,581
- Median gross rent, monthly$719 plus or minus $248
- Annual rent as a share of median income15.9 percent plus or minus 7.9
- Single family units364 plus or minus 83
- Share single family80.2 percent
- Units in buildings of two or more86 plus or minus 42
- Share in buildings of two or more18.9 percent plus or minus 8.4
- Mobile homes4 plus or minus 5
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lonaconing
How Lonaconing gets to work
- Workers 16 and over who commute275 plus or minus 90
- Commuting under 15 minutes58 plus or minus 34
- Share commuting under 15 minutes21.1 percent plus or minus 10.2
- Commuting 30 minutes or more67 plus or minus 40
- Share commuting 30 minutes or more24.4 percent plus or minus 12.3
- Drove alone78.9 percent plus or minus 36.2
- Carpooled8.1 percent plus or minus 7.7
- Public transport0.0 percent
- Walked9.9 percent plus or minus 8.6
- Worked from home3.2 percent plus or minus 4.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lonaconing
SBA loans in Lonaconing (7(a))
- Approvals2
- Gross approval$45,000
- Average approval$22,500
- Median approval$25,000
- Ninetieth percentile approval$25,000
- Largest approval$25,000
- Jobs supported5
- Jobs per approval2.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term86 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lonaconing
SBA loans in Lonaconing (504)
- Approvals1
- Gross approval$236,000
- Average approval$236,000
- Median approval$236,000
- Largest approval$236,000
- Jobs supported5
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Allegany County, not Lonaconing
Allegany County context, not Lonaconing figures
These are Allegany County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lonaconing measurements.
- Establishments in Allegany County1,430
- Employment at those establishments, Allegany County21,366
- Covered employment, Allegany County26,680
- Average annual pay, Allegany County$51,777
- Average weekly wage, Allegany County$996
- Housing units permitted, Allegany County59
- Of those, single family, Allegany County29
- County product, 2024, Allegany County$3,542,201,000
- County product change over the prior year, Allegany County4.4 percent
- Average income of an arriving household, Allegany County$48,279
Every figure in this section is published for Allegany County as a whole and is not a measurement of Lonaconing. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lonaconing questions, answered from the record.
How many people live in Lonaconing, Maryland?
889, in 363 households. Lonaconing town covers 0.36 square miles of land, which is 2,456 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lonaconing 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 Lonaconing?
$54,250. The median owner-occupied home is valued at $89,400. Median gross rent is $719 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lonaconing businesses?
2 7(a) approvals totalling $45,000, across 1 lenders, median approval $25,000, plus 1 504 approvals worth $236,000. These count approvals to borrowers whose address is in Lonaconing, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lonaconing borrowers get paid back?
No rate is published for Lonaconing. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Lonaconing figures?
No, and they are labelled 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 Lonaconing.
Is zoning published for Lonaconing?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.