Is Colesville, Maryland a Good Place To Live? - Living In Colesville, MD
Is Colesville, Maryland a good place to live?
Colesville is a city in Maryland state in USA with a population of 14397 residents..
The poverty rate of Colesville is 6.6%, which is 53% lower than national average.
The typical household in Colesville earns $126063 a year, compared to the national median of $67,500.
Nearly 16.5% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Colesville, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Colesville remained 4.5%, which is 4% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Colesville, only 57% of adults have a bachelor's degree and 21% have some college but no degree.
Cost of living in Colesville is 140, which is 40% higher than national average. Median home value in Colesville is $463100 , which is 102% higher than national average. While median income in Colesville remained $126063, which is 87% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
A high school education is a basic prerequisite for most jobs, and in Colesville, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Colesville remained 4.5%, which is 4% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Colesville, only 57% of adults have a bachelor's degree and 21% have some college but no degree.
Cost of living in Colesville is 140, which is 40% higher than national average. Median home value in Colesville is $463100 , which is 102% higher than national average. While median income in Colesville remained $126063, which is 87% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
14397
Unemployment
4.5%
Poverty
6.6%
Overall Score
7
Median Home Cost
$463100
102%
NAT AVG.
Median Income
$126063
87%
NAT AVG.
Median Rent
$1477
27%
NAT AVG.
Cost Of Living
140
40%
NAT AVG.
People Living BPL
1 in 15
Unemployed People
1 in 22
People Earning < $10,000
1 in 42
People Earning < $50,000
16.5%
People with <= High School
1 in 4.5
People With Any Degree
1 in 1.6
Pros & Cons Overview
Jobs85%
Housing90%
Affordability80%
Safety90%
Amenities90%
Diversity100%
Education85%
Commute30%
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