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

Is Lochearn, Maryland a good place to live?
Lochearn is a city in Maryland state in USA with a population of 25612 residents.. The poverty rate of Lochearn is 11.5%, which is 18% lower than national average. The typical household in Lochearn earns $64986 a year, compared to the national median of $67,500. Nearly 41.1% 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 Lochearn, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lochearn remained 5.4%, which is 15% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lochearn, only 33% of adults have a bachelor's degree and 31% have some college but no degree.

Cost of living in Lochearn is 106, which is 6% higher than national average. Median home value in Lochearn is $211200 , which is 8% lower than national average. While median income in Lochearn remained $64986, which is 4% lower than national average.
Population
25612
Unemployment
5.4%
15% NAT AVG.
Poverty
11.5%
18% NAT AVG.
Overall Score
7
Median Home Cost
$211200
8% NAT AVG.
Median Income
$64986
4% NAT AVG.
Median Rent
$1197
3% NAT AVG.
Cost Of Living
106
6% NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 19
People Earning < $10,000
1 in 26
People Earning < $50,000
41.1%
People with <= High School
1 in 2.8
People With Any Degree
1 in 2.4
Pros & Cons Overview

Jobs80%

Housing85%

Affordability60%

Safety95%

Amenities95%

Diversity80%

Education80%

Commute50%