HomeMarylandWashington CountyBoonsboro town
Boonsboro town, Maryland: commercial real estate data.
Boonsboro town is a Census town of 3,809 people across 3.05 square miles of land, in Washington County. Median household income is $95,956, 79.0 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $135,000.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Boonsboro
What Boonsboro is
- Census place typetown
- Land area3.05 sq mi
- Water area0.01 sq mi
- Population per square mile of land1,248
- County holding the largest share of its areaWashington 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.
Boonsboro
How many people live in Boonsboro
- Population3,809
- Median age35.6
- Population under 181,231 plus or minus 486
- Share under 1832.3 percent plus or minus 12.8
- Population 65 and over576 plus or minus 216
- Share 65 and over15.1 percent plus or minus 5.7
- Households1,382
- Family households971
- Share of households that are families70.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Boonsboro
Income and work in Boonsboro
- Median household income$95,956 plus or minus $52,982
- Per capita income$40,885
- Civilian labor force1,717
- Employed1,673
- Unemployed44 plus or minus 49
- Unemployment rate2.6 percent plus or minus 2.8
- Adults 25 and over2,277
- Adults 25 and over with a high school diploma or higher98.3 percent
- Adults 25 and over with a bachelor degree or higher30.4 percent plus or minus 9.1
- Adults 25 and over with a graduate degree8.6 percent plus or minus 5.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Boonsboro
Housing in Boonsboro
- Housing units1,439
- Occupied units1,382
- Vacant units57 plus or minus 86
- Vacancy rate4.0 percent plus or minus 6.0
- Owner occupied1,092
- Renter occupied290 plus or minus 158
- Ownership rate79.0 percent
- Median owner-occupied home value$352,400
- Median gross rent, monthly$1,438 plus or minus $605
- Annual rent as a share of median income18.0 percent plus or minus 12.5
- Single family units1,290
- Share single family89.6 percent
- Units in buildings of two or more149 plus or minus 120
- Share in buildings of two or more10.4 percent plus or minus 8.2
- Mobile homes0
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Boonsboro
How Boonsboro gets to work
- Workers 16 and over who commute1,482
- Commuting under 15 minutes349 plus or minus 240
- Share commuting under 15 minutes23.5 percent plus or minus 15.8
- Commuting 30 minutes or more590 plus or minus 207
- Share commuting 30 minutes or more39.8 percent plus or minus 12.7
- Drove alone80.2 percent
- Carpooled4.9 percent plus or minus 5.5
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home14.0 percent plus or minus 7.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Boonsboro
SBA loans in Boonsboro (7(a))
- Approvals4
- Gross approval$135,000
- Average approval$33,750
- Median approval$20,000
- Ninetieth percentile approval$80,000
- Largest approval$80,000
- Jobs supported10
- Jobs per approval2.5
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS3
A charge-off rate is not published here. only 2 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.
Washington County, not Boonsboro
Washington County context, not Boonsboro figures
These are Washington County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Boonsboro measurements.
- Establishments in Washington County3,417
- Employment at those establishments, Washington County61,729
- Covered employment, Washington County64,206
- Average annual pay, Washington County$58,252
- Average weekly wage, Washington County$1,120
- Housing units permitted, Washington County232
- Of those, single family, Washington County212
- County product, 2024, Washington County$9,961,298,000
- County product change over the prior year, Washington County5.0 percent
- Average income of an arriving household, Washington County$56,803
Every figure in this section is published for Washington County as a whole and is not a measurement of Boonsboro. 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
Boonsboro questions, answered from the record.
How many people live in Boonsboro, Maryland?
3,809, in 1,382 households. Boonsboro town covers 3.05 square miles of land, which is 1,248 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Boonsboro in?
Washington 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 Boonsboro?
$95,956. The median owner-occupied home is valued at $352,400. Median gross rent is $1,438 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Boonsboro businesses?
4 7(a) approvals totalling $135,000, across 1 lenders, median approval $20,000. These count approvals to borrowers whose address is in Boonsboro, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Boonsboro borrowers get paid back?
No rate is published for Boonsboro. only 2 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 Boonsboro figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Washington 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 Boonsboro.
Is zoning published for Boonsboro?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.