Towson, Maryland
Moving to or Living in Towson Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Towson, Maryland
Moving to Towson In Maryland ? Find out the best and worst about to live, raise a family or retire in Towson, the Pros and Cons of Living in Towson.
Explore the life in Towson based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Towson, Maryland
Is Towson, Maryland a good place to live?
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.
A high school education is a basic prerequisite for most jobs, and in Towson, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Towson remained 4.2%, which is 11% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Towson, only 66% of adults have a bachelor's degree and 18% have some college but no degree.
Cost of living in Towson is 123, which is 23% higher than national average. 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.
A high school education is a basic prerequisite for most jobs, and in Towson, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Towson remained 4.2%, which is 11% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Towson, only 66% of adults have a bachelor's degree and 18% have some college but no degree.
Cost of living in Towson is 123, which is 23% higher than national average. 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.
Population
57542
Unemployment
4.2%
Poverty
11.1%
Overall Score
7.5
Median Home
$367200
60%
NAT AVG.
Median Income
$90951
35%
NAT AVG.
Median Rent
$1488
28%
NAT AVG.
Cost Of Living
123
23%
NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 24
People Earning < $10,000
1 in 14
People Earning < $50,000
28.4%
People with <= High School
1 in 6.3
People With Any Degree
1 in 1.4
Pros & Cons Overview
Jobs85%
Housing90%
Affordability60%
Safety95%
Amenities95%
Diversity85%
Education90%
Commute60%
Cost of Living
Expense | Towson | Maryland | National Avg. |
---|---|---|---|
Services | 104 | 111 | 100 |
Groceries | 112 | 114 | 100 |
Health | 85 | 84 | 100 |
Housing | 167 | 151 | 100 |
Transportation | 101 | 109 | 100 |
Utilities | 107 | 108 | 100 |
Cost of Living
Gender
Gender | Towson | Maryland | Country |
---|---|---|---|
Female | 52.9% | 51.5% | 50.8% |
Male | 47.1% | 48.5% | 49.2% |
Gender
Household Income
Income | Towson | Maryland | Country |
---|---|---|---|
Less than $10,000 | 6.9% | 4.6% | 5.8% |
$10,000 to $14,999 | 1.6% | 2.6% | 4.1% |
$15,000 to $24,999 | 5.8% | 5.6% | 8.5% |
$25,000 to $34,999 | 6.5% | 6.1% | 8.6% |
$35,000 to $49,999 | 7.6% | 9.3% | 12.0% |
$50,000 to $74,999 | 15% | 15.2% | 17.2% |
$75,000 to $99,999 | 9.9% | 13% | 12.8% |
$100,000 to $149,999 | 18.2% | 19.3% | 15.6% |
$150,000 to $199,999 | 11.7% | 10.8% | 7.1% |
$200,000 or more | 16.8% | 13.4% | 8.3% |
Education
Education | Towson | Maryland | Country |
---|---|---|---|
< 9th Grade | 2% | 3% | 5.0% |
9-12th Grade | 2% | 6% | 7.0% |
High School or GED | 12% | 24% | 27.0% |
Other College | 13% | 19% | 20.0% |
Associate's Degree | 5% | 7% | 9% |
Bachelor's Degree | 33% | 22% | 20.0% |
Master's Degree | 21% | 13% | 9.0% |
Professional Degree | 7% | 3% | 2.0% |
Doctorate Degree | 5% | 3% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Towson | Maryland | Country |
---|---|---|---|
White | 70.8% | 50.2% | 60.1% |
African American | 14.6% | 29.4% | 12.2% |
American Indian | 0.2% | 0.2% | 0.6% |
Asian | 5.9% | 6.3% | 5.6% |
Hawaiian | 0.1% | 0% | 0.2% |
Other | 0.4% | 0.4% | 0.3% |
Multiracial | 3.2% | 3.3% | 2.8% |
Hispanic | 4.8% | 10.3% | 18.2% |