Pros and Cons of Living In Towson, Maryland. Is Towson, MD a Nice Place To Live or Retire?

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Towson, Maryland

Moving to Towson In Maryland ? Is Towson, MD a Nice Place To Live? Pros and Cons of Living in Towson, Maryland. Find out the best and worst about to live, raise a family or retire in Towson.

Towson () is an unincorporated community and a census-designated place in Baltimore County, Maryland, United States. The population was 59,533 in the 2020 census. It is the county seat of Baltimore County and the second-most populous unincorporated county seat in the United States (after Ellicott City, the seat of nearby Howard County, southwest of Baltimore).

DEMOGRAPHICS

Population
57542
Unemployment
4.2%
11% NAT AVG.
Poverty
11.1%
21% NAT AVG.
Cost Of Living
123
23% NAT AVG.

ECONOMICS

Median Home Cost
$367200
60% NAT AVG.
Median Income
$90951
35% NAT AVG.
Median Rent
$1488
28% NAT AVG.
Overall Score
7.5

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 9
Unemployed People
1 in 24
People Earning < $10,000
1 in 14
People Earning < $50,000
28.4%
People With Any Degree
1 in 1.4

ETHNICITY

Ethnicity Towson USA
White 70.8% 60.1%
African American 14.6% 12.2%
American Indian 0.2% 0.6%
Asian 5.9% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 3.2% 2.8%
Hispanic 4.8% 18.2%
Other 0.4% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Towson USA
Less than $10,000 6.9% 5.8%
$10,000 to $14,999 1.6% 4.1%
$15,000 to $24,999 5.8% 8.5%
$25,000 to $34,999 6.5% 8.6%
$35,000 to $49,999 7.6% 12.0%
$50,000 to $74,999 15% 17.2%
$75,000 to $99,999 9.9% 12.8%
$100,000 to $149,999 18.2% 15.6%
$150,000 to $199,999 11.7% 7.1%

EDUCATION

Education Towson USA
< 9th Grade 2% 5.0%
9-12th Grade 2% 7.0%
High School or GED 12% 27.0%
Other College 13% 20.0%
Associate's Degree 5% 9%
Bachelor's Degree 33% 20.0%
Master's Degree 21% 9.0%
Professional Degree 7% 2.0%
Doctorate Degree 5% 1.0%
Towson is a city in Maryland state in USA with a population of 57542 residents.. The poverty rate of Towson is 11.1%, which is 21% lower than national average. The typical household in Towson earns $90951 a year, compared to the national median of $67,500. Nearly 28.4% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Towson remained 4.2%, which is 11% lower than national rate.

Cost of living in Towson is 123, which is 23% higher than national average. In Towson, only 66% of adults have a bachelor's degree and 18% have some college but no degree. Median home value in Towson is $367200 , which is 60% higher than national average. While median income in Towson remained $90951, which is 35% 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.
Towson Scorecard

Jobs85%

Housing90%

Affordability60%

Safety95%

Amenities95%

Diversity85%

Education90%

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