HomeMarylandSomerset CountyPrincess Anne town
Princess Anne town, Maryland: commercial real estate data.
Princess Anne town is a Census town of 3,569 people across 1.67 square miles of land, in Somerset County. Median household income is $69,116, 42.7 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $960,000.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Princess Anne
What Princess Anne is
- Census place typetown
- Land area1.67 sq mi
- Water area0.02 sq mi
- Population per square mile of land2,137
- County holding the largest share of its areaSomerset 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.
Princess Anne
How many people live in Princess Anne
- Population3,569
- Median age27.6
- Population under 18985 plus or minus 272
- Share under 1827.6 percent plus or minus 7.6
- Population 65 and over297 plus or minus 137
- Share 65 and over8.3 percent plus or minus 3.8
- Households1,357
- Family households601 plus or minus 158
- Share of households that are families44.3 percent plus or minus 10.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Princess Anne
Income and work in Princess Anne
- Median household income$69,116
- Per capita income$29,722
- Civilian labor force1,876
- Employed1,765
- Unemployed111 plus or minus 156
- Unemployment rate5.9 percent plus or minus 8.3
- Adults 25 and over1,995
- Adults 25 and over with a high school diploma or higher95.1 percent
- Adults 25 and over with a bachelor degree or higher34.8 percent plus or minus 10.7
- Adults 25 and over with a graduate degree10.5 percent plus or minus 6.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Princess Anne
Housing in Princess Anne
- Housing units1,952
- Occupied units1,357
- Vacant units595 plus or minus 199
- Vacancy rate30.5 percent plus or minus 9.6
- Owner occupied580 plus or minus 246
- Renter occupied777 plus or minus 220
- Ownership rate42.7 percent plus or minus 17.2
- Median owner-occupied home value$231,900
- Median gross rent, monthly$1,048
- Annual rent as a share of median income18.2 percent
- Single family units920 plus or minus 280
- Share single family47.1 percent plus or minus 13.3
- Units in buildings of two or more948 plus or minus 299
- Share in buildings of two or more48.6 percent plus or minus 14.3
- Mobile homes84 plus or minus 93
- Median year structure built2000
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Princess Anne
How Princess Anne gets to work
- Workers 16 and over who commute1,495 plus or minus 350
- Commuting under 15 minutes748 plus or minus 412
- Share commuting under 15 minutes50.0 percent plus or minus 24.9
- Commuting 30 minutes or more405 plus or minus 243
- Share commuting 30 minutes or more27.1 percent plus or minus 15.0
- Drove alone69.9 percent plus or minus 18.2
- Carpooled10.2 percent plus or minus 6.2
- Public transport0.0 percent
- Walked5.2 percent plus or minus 6.2
- Worked from home11.0 percent plus or minus 6.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Princess Anne
SBA loans in Princess Anne (7(a))
- Approvals4
- Gross approval$960,000
- Average approval$240,000
- Median approval$65,000
- Ninetieth percentile approval$800,000
- Largest approval$800,000
- Jobs supported9
- Jobs per approval2.3
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS4
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.
Somerset County, not Princess Anne
Somerset County context, not Princess Anne figures
These are Somerset County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Princess Anne measurements.
- Establishments in Somerset County360
- Employment at those establishments, Somerset County4,141
- Covered employment, Somerset County6,963
- Average annual pay, Somerset County$58,162
- Average weekly wage, Somerset County$1,119
- Housing units permitted, Somerset County47
- Of those, single family, Somerset County45
- County product, 2024, Somerset County$1,230,728,000
- County product change over the prior year, Somerset County16.3 percent
- Average income of an arriving household, Somerset County$49,248
Every figure in this section is published for Somerset County as a whole and is not a measurement of Princess Anne. 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
Princess Anne questions, answered from the record.
How many people live in Princess Anne, Maryland?
3,569, in 1,357 households. Princess Anne town covers 1.67 square miles of land, which is 2,137 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Princess Anne in?
Somerset 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 Princess Anne?
$69,116. The median owner-occupied home is valued at $231,900. Median gross rent is $1,048 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Princess Anne businesses?
4 7(a) approvals totalling $960,000, across 2 lenders, median approval $65,000. These count approvals to borrowers whose address is in Princess Anne, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Princess Anne borrowers get paid back?
No rate is published for Princess Anne. 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 Princess Anne figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Somerset 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 Princess Anne.
Is zoning published for Princess Anne?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.