Housing

The median home price in Frederick County more than doubled from $148,000 in 2000 to $310,000 last year. But median household income rose by a paltry $12,050 over the same period. These aren’t partisan figures: these data are from a study released in March 2, 2005 by the Governor’s Workforce Housing Taskforce.

The economic boom in Frederick County is passing by its hardest working residents. More and more young families just starting out are moving out of the County to find homes they can afford. And more and more of our low- and middle-income families are finding themselves trapped in increasingly more expensive rental units.