Median Income
$49,861
household / year
Median Home Value
$218,200
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
95
national avg = 100

Is Chance, MD a Good Place to Live?

Chance is a small town of 267 in Maryland, with a median household income of $49,861 and a 14.2% unemployment rate. Its cost of living index is 95 (US average = 100), which is 5% below the national average.

Strengths: Chance stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Chance is right for you depends on your priorities — the full breakdown is below.

All Chance city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 95.1

Chance's overall cost of living index is 95.1, where 100 represents the US national average. Living in Chance costs roughly 5% less than the average American city.

Metric Chance, MD National Avg
Median Home Value $218,200 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 97.6% 65.9%
Median Household Income $49,861 $74,755

Crime & Safety

Crime data for Chance is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric Chance, MD National Avg
School District N/A
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 4.1% 35.4%
High School Diploma or Higher 81.0% 91.1%

Weather & Climate

Chance sees average highs of 47.8°F in January and 90.1°F in July, with 47.2 inches of annual precipitation and 8.0 inches of snow per year.

MetricChance, MD
Average High — January47.8°F
Average High — July90.1°F
Annual Precipitation47.2"
Annual Snowfall8.0"

Demographics

MetricChance, MDNational Avg
Population267
Median Age56.438.9
Unemployment Rate14.2%3.7%
Avg Commute Time32.0 min26 min
White (non-Hispanic)74.5%59.3%
Black or African American10.5%13.6%
Hispanic or Latino15.0%18.9%
Asian0.0%6.3%
Under 186.7%22.2%
65 and over27.7%16.8%

Nearby Cities

Chance vs Other Cities

Frequently Asked Questions

Chance's cost of living index is 95, where 100 is the national average. That makes Chance roughly 5% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $218,200 and median rent is N/A/month.
Crime data for Chance is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
Chance, MD has a population of 267, a median household income of $49,861, and an unemployment rate of 14.2%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Chance averages 47.8°F in January and 90.1°F in July. Annual rainfall is 47.2 inches with about 8.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Chance, Maryland is 267 with a median age of 56.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Chance: cost of living index 95 (100 = US average), median home $218,200, median household income $49,861. Whether these are benefits or drawbacks depends on where you're coming from — compare Chance side by side with your current city to see the trade-offs.