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Description
3618 +/- SF building located on N Washington St. in Snow Hill, MD. This is a unique property that could allow for an apartment upstairs and retail downstairs. The building has seen some facade improvements including new windows.
Businesses looking to open in Snow Hill may be eligible for the following tax credits:
Enterprise Zone – A real property tax credit on real property expansion, renovation, or capital improvement. 80% credit of the eligible assessment for 5 years.
Façade Improvement – Through Main Street Program.
Worcester County is a federally designated SBA HUBZone – offering businesses an advantage in contracting with the U.S. Government.
Highlights
3618 +/- SF Multi-Level Building
Located on N Washington St. in Snow Hill, MD
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 1,302 | 3,318 | 4,370 | |
| Population Median Age | 39 | 42 | 42 | |
| Population by Age | 0-9 Yrs | 152 (11%) | 394 (11%) | 469 (10%) |
| 10-19 Yrs | 130 (9%) | 322 (9%) | 449 (10%) | |
| 20-29 Yrs | 232 (17%) | 481 (14%) | 588 (13%) | |
| 30-39 Yrs | 167 (12%) | 406 (12%) | 544 (12%) | |
| 40-49 Yrs | 158 (12%) | 377 (11%) | 498 (11%) | |
| 50-59 Yrs | 185 (14%) | 471 (14%) | 603 (13%) | |
| 60-69 Yrs | 104 (7%) | 347 (10%) | 542 (12%) | |
| 70+ Yrs | 173 (13%) | 520 (15%) | 677 (15%) | |
| Median HH Income | $41,858 | $45,394 | $53,344 | |
| Total Household Income | < 24K | 123 (28%) | 328 (27%) | 374 (22%) |
| 25-49K | 129 (29%) | 339 (27%) | 406 (24%) | |
| 50-74K | 66 (15%) | 217 (17%) | 296 (18%) | |
| 75-99K | 36 (8%) | 113 (9%) | 197 (12%) | |
| 100-199K | 68 (15%) | 189 (15%) | 318 (19%) | |
| 200K+ | 9 (2%) | 26 (2%) | 43 (2%) | |
| Highest Education Level | No Diploma | 134 | 357 | 428 |
| Diploma or GED | 357 | 946 | 1244 | |
| Some College | 199 | 480 | 638 | |
| Assoc. Degree | 35 | 107 | 185 | |
| Bachelors Degree | 124 | 329 | 459 | |
| Higher Degree | 55 | 146 | 218 | |
| Total Housing Units | 495 | 1,429 | 1,922 | |
| --Owner-Occupied | 265 | 793 | 1,146 | |
| --Renter-Occupied | 166 | 419 | 487 | |
| Owner-Occupied Values | < 100K | 67 | 197 | 223 |
| 100-199K | 127 | 374 | 517 | |
| 200-299K | 46 | 148 | 252 | |
| 300-399K | 19 | 40 | 61 | |
| 400-499K | 1 | 15 | 40 | |
| 500K+ | 5 | 19 | 52 | |
| Total Working Age Population | 1,079 | 2,751 | 3,652 | |
| In Work Force | 527 | 1,384 | 1,921 | |
| Not In Work Force | 551 | 1,367 | 1,731 | |
| Workforce Employed | 488 | 1,274 | 1,789 | |
| Workforce Unemployed | 39 | 110 | 133 | |
| Civlian Workforce | 527 | 1,384 | 1,921 | |
| Military Workforce | 0 | 0 | 0 | |
| Total Households | 431 | 1,211 | 1,633 | |
| Family Households | 275 | 773 | 1,080 | |
| Non-Family Households | 156 | 438 | 553 | |
| Married Couple | 206 | 571 | 830 | |
| Other Family | 69 | 202 | 250 | |
| Married w/Child | 81 | 167 | 221 | |
| Single Male w/Child | 2 | 12 | 14 | |
| Single Female w/Child | 39 | 113 | 133 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Maryland | 5,296,486 | +9 | 5,773,552 | +6 | 6,141,900 | +6 | 6,518,750 |
| Wicomico County | 84,644 | +17 | 98,733 | +8 | 106,200 | +11 | 118,200 |
| Worcester County | 46,543 | +11 | 51,454 | +3 | 53,100 | +9 | 57,950 |