Is Parole, Maryland a Good Place To Live? - Living In Parole, MD
Is Parole, Maryland a good place to live?
Parole is a city in Maryland state in USA with a population of 17505 residents..
The poverty rate of Parole is 4%, which is 71% lower than national average.
The typical household in Parole earns $114355 a year, compared to the national median of $67,500.
Nearly 16.8% 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 Parole, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Parole remained 3.1%, which is 34% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Parole, only 61% of adults have a bachelor's degree and 23% have some college but no degree.
Cost of living in Parole is 137, which is 37% higher than national average. Median home value in Parole is $460300 , which is 100% higher than national average. While median income in Parole remained $114355, which is 69% 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 Parole, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Parole remained 3.1%, which is 34% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Parole, only 61% of adults have a bachelor's degree and 23% have some college but no degree.
Cost of living in Parole is 137, which is 37% higher than national average. Median home value in Parole is $460300 , which is 100% higher than national average. While median income in Parole remained $114355, which is 69% 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
17505
Unemployment
3.1%
Poverty
4%
Overall Score
6
Median Home Cost
$460300
100%
NAT AVG.
Median Income
$114355
69%
NAT AVG.
Median Rent
$1869
61%
NAT AVG.
Cost Of Living
137
37%
NAT AVG.
People Living BPL
1 in 25
Unemployed People
1 in 32
People Earning < $10,000
1 in 53
People Earning < $50,000
16.8%
People with <= High School
1 in 6.3
People With Any Degree
1 in 1.5
Pros & Cons Overview
Jobs90%
Housing95%
Affordability60%
Safety85%
Amenities85%
Diversity60%
Education95%
Commute40%
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