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

Is Potomac, Maryland a good place to live?
Potomac is a city in Maryland state in USA with a population of 46256 residents.. The poverty rate of Potomac is 3.8%, which is 73% lower than national average. The typical household in Potomac earns $189729 a year, compared to the national median of $67,500. Nearly 11.7% 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 Potomac, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Potomac remained 4%, which is 15% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Potomac, only 82% of adults have a bachelor's degree and 10% have some college but no degree.

Cost of living in Potomac is 198, which is 98% higher than national average. Median home value in Potomac is $905800 , which is 294% higher than national average. While median income in Potomac remained $189729, which is 181% 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
46256
Unemployment
4%
15% NAT AVG.
Poverty
3.8%
73% NAT AVG.
Overall Score
7
Median Home Cost
$905800
294% NAT AVG.
Median Income
$189729
181% NAT AVG.
Median Rent
$2024
74% NAT AVG.
Cost Of Living
198
98% NAT AVG.
People Living BPL
1 in 26
Unemployed People
1 in 25
People Earning < $10,000
1 in 33
People Earning < $50,000
11.7%
People with <= High School
1 in 12.5
People With Any Degree
1 in 1.2
Pros & Cons Overview

Jobs85%

Housing100%

Affordability80%

Safety85%

Amenities85%

Diversity90%

Education95%

Commute40%