Severn is a moderately-sized city located in the state of Maryland. The city has a population of 49,017 residents. Individuals of White (50%) and Black or African American (35%) backgrounds make up a significant portion of the population of the city. If finding a family friendly city is important to you, look no further. With more than 75% of the population considered married and 60% with kids under the age of 18, Severn could be considered a very suitable city for families.
Living in Severn can be a positive experience for anyone moving to the area. Having said that, in the state of Maryland, there are many amazing places to live, so choose wisely! Finding the best places to live in Severn and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes weather, education, housing and other important metrics.
The livability score in Severn is 60 out of 100 and the city is ranked in the 20th percentile of all cities across America. This is a poor rating when compared to the average of other places in the country. Based on the rankings for each individual category, Severn has received high marks for amenities (A) and employment (B-). There are some categories that Severn ranks poorly for, including: crime (D), cost of living (F), education (F) and housing (F). It might be worth taking a closer look to figure out why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Severn, there is no shortage of amazing local amenities and interesting things to do.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Severn. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Severn are affordable. The median home price for Severn homes is $336,700, which is 15.9% higher than the Maryland average. If we take a closer look at the affordability of homes in Severn, we’ll see that the home price to income ratio is 3.5, which is 7.9% lower than the Maryland average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Severn will offer some insight into determining if your home purchase will be a solid investment for years to come. In Severn, the year-over-year appreciation rates were 4.5%, and the 5 year appreciation rates came in at 2.6%.
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