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: 95.1Chance'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.
| Metric | Chance, MD |
|---|---|
| Average High — January | 47.8°F |
| Average High — July | 90.1°F |
| Annual Precipitation | 47.2" |
| Annual Snowfall | 8.0" |
Demographics
| Metric | Chance, MD | National Avg |
|---|---|---|
| Population | 267 | — |
| Median Age | 56.4 | 38.9 |
| Unemployment Rate | 14.2% | 3.7% |
| Avg Commute Time | 32.0 min | 26 min |
| White (non-Hispanic) | 74.5% | 59.3% |
| Black or African American | 10.5% | 13.6% |
| Hispanic or Latino | 15.0% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 6.7% | 22.2% |
| 65 and over | 27.7% | 16.8% |