Is Ellicott City, Maryland a Good Place To Live? - Living In Ellicott City, MD

Is Ellicott City, Maryland a good place to live?
Ellicott City is a city in Maryland state in USA with a population of 73272 residents.. The poverty rate of Ellicott City is 3.9%, which is 72% lower than national average. The typical household in Ellicott City earns $132083 a year, compared to the national median of $67,500. Nearly 17.1% 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 Ellicott City, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ellicott City remained 2.7%, which is 43% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Ellicott City, only 68% of adults have a bachelor's degree and 17% have some college but no degree.

Cost of living in Ellicott City is 148, which is 48% higher than national average. Median home value in Ellicott City is $546700 , which is 138% higher than national average. While median income in Ellicott City remained $132083, which is 96% 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
73272
Unemployment
2.7%
43% NAT AVG.
Poverty
3.9%
72% NAT AVG.
Overall Score
7.5
Median Home Cost
$546700
138% NAT AVG.
Median Income
$132083
96% NAT AVG.
Median Rent
$1672
44% NAT AVG.
Cost Of Living
148
48% NAT AVG.
People Living BPL
1 in 26
Unemployed People
1 in 37
People Earning < $10,000
1 in 34
People Earning < $50,000
17.1%
People with <= High School
1 in 6.7
People With Any Degree
1 in 1.4
Pros & Cons Overview

Jobs90%

Housing95%

Affordability80%

Safety90%

Amenities90%

Diversity95%

Education95%

Commute50%