HomeMarylandCarroll CountyWestminster
Westminster, Maryland: commercial real estate data.
Westminster is a Census city of 20,445 people across 6.76 square miles of land, in Carroll County. Median household income is $86,219, 56.5 percent of occupied homes are owned, and the SBA record carries 66 7(a) approvals to borrowers here worth $33.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Westminster
What Westminster is
- Census place typecity
- Land area6.76 sq mi
- Water area0.01 sq mi
- Population per square mile of land3,023
- County holding the largest share of its areaCarroll 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.
Westminster
How many people live in Westminster
- Population20,445
- Median age38.5
- Population under 183,507
- Share under 1817.2 percent
- Population 65 and over3,588
- Share 65 and over17.5 percent
- Households7,949
- Family households4,842
- Share of households that are families60.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Westminster
Income and work in Westminster
- Median household income$86,219
- Per capita income$44,953
- Civilian labor force10,885
- Employed10,319
- Unemployed566 plus or minus 220
- Unemployment rate5.2 percent plus or minus 2.0
- Adults 25 and over13,890
- Adults 25 and over with a high school diploma or higher91.9 percent
- Adults 25 and over with a bachelor degree or higher36.3 percent
- Adults 25 and over with a graduate degree13.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Westminster
Housing in Westminster
- Housing units8,263
- Occupied units7,949
- Vacant units314 plus or minus 178
- Vacancy rate3.8 percent plus or minus 2.1
- Owner occupied4,491
- Renter occupied3,458
- Ownership rate56.5 percent
- Median owner-occupied home value$337,600
- Median gross rent, monthly$1,476
- Annual rent as a share of median income20.5 percent
- Single family units5,119
- Share single family62.0 percent
- Units in buildings of two or more3,144
- Share in buildings of two or more38.0 percent
- Mobile homes0
- Median year structure built1982
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Westminster
How Westminster gets to work
- Workers 16 and over who commute8,676
- Commuting under 15 minutes3,223
- Share commuting under 15 minutes37.1 percent
- Commuting 30 minutes or more3,774
- Share commuting 30 minutes or more43.5 percent
- Drove alone70.0 percent
- Carpooled9.3 percent plus or minus 2.9
- Public transport0.0 percent
- Walked4.1 percent plus or minus 1.3
- Worked from home15.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Westminster
SBA loans in Westminster (7(a))
- Approvals66
- Gross approval$33,114,800
- Average approval$501,739
- Median approval$210,500
- Ninetieth percentile approval$1,316,250
- Largest approval$5,000,000
- Jobs supported791
- Jobs per approval12.0
- Loans with a final outcome12
- Paid in full11
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more9.1 percent
- Share to franchises7.6 percent
- Distinct lenders20
- Distinct industries by NAICS45
Counted by borrower city: approvals to borrowers whose address is in Westminster, in any county, FY2020 to FY2026. Only 12 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.
Westminster
SBA loans in Westminster (504)
- Approvals14
- Gross approval$12,695,000
- Average approval$906,786
- Median approval$619,500
- Largest approval$2,542,000
- Jobs supported259
- Loans with a final outcome6
- Charged off1
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Westminster, in any county, FY2010 to FY2026. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Westminster
Flood risk in Westminster
- NFIP communityCity of Westminster
- NFIP community number240018
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date10/02/15
The City of Westminster participates in the National Flood Insurance Program as community 240018 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.
Carroll County, not Westminster
Carroll County context, not Westminster figures
- Establishments in Carroll County4,279
- Covered employment, Carroll County59,195
- Average annual pay, Carroll County$57,405
- Housing units permitted, Carroll County156
Every figure in this section is published for Carroll County as a whole and is not a measurement of Westminster.
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
Westminster questions, answered from the record.
How many people live in Westminster, Maryland?
20,445, in 7,949 households. Westminster city covers 6.76 square miles of land, which is 3,023 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Westminster in?
Carroll 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 Westminster?
$86,219. The median owner-occupied home is valued at $337,600. Median gross rent is $1,476 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Westminster businesses?
66 7(a) approvals totaling $33.1 m since FY2020, across 20 lenders, median approval $210,500, plus 14 504 approvals worth $12.7 m since FY2010. These count approvals to borrowers whose address is in Westminster, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Westminster borrowers get paid back?
No rate is published for Westminster. Only 12 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 Westminster in the National Flood Insurance Program?
Yes. Westminster appears in the FEMA Community Status Book as Westminster, city of, community 240018, 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 Westminster figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Carroll 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 Westminster.
Is zoning published for Westminster?
No. Nothing on this page presents parcel level zoning.
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