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

Is Wheaton, Maryland a good place to live?
Wheaton is a city in Maryland state in USA with a population of 51191 residents.. The poverty rate of Wheaton is 10%, which is 29% lower than national average. The typical household in Wheaton earns $88241 a year, compared to the national median of $67,500. Nearly 26.4% 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 Wheaton, only 81% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Wheaton remained 7.3%, which is 55% higher than national rate. Nearly 2 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 Wheaton, only 36% of adults have a bachelor's degree and 23% have some college but no degree.

Cost of living in Wheaton is 132, which is 32% higher than national average. Median home value in Wheaton is $383600 , which is 67% higher than national average. While median income in Wheaton remained $88241, which is 31% 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
51191
Unemployment
7.3%
55% NAT AVG.
Poverty
10%
29% NAT AVG.
Overall Score
7
Median Home Cost
$383600
67% NAT AVG.
Median Income
$88241
31% NAT AVG.
Median Rent
$1852
60% NAT AVG.
Cost Of Living
132
32% NAT AVG.
People Living BPL
1 in 10
Unemployed People
1 in 14
People Earning < $10,000
1 in 17
People Earning < $50,000
26.4%
People with <= High School
1 in 2.4
People With Any Degree
1 in 2.4
Pros & Cons Overview

Jobs80%

Housing90%

Affordability40%

Safety100%

Amenities100%

Diversity100%

Education70%

Commute40%