Towson is a moderately-sized city located in the state of Maryland. The city has a population of 58,189 residents. In Towson, there are 4,112 people per square mile, which is well above the national population density average. The majority of Towson residents report their race to be White; this is followed by Black and Asian. Towson is known to be family friendly as more than 78% of the population has already tied the knot. It might also be worth noting that 54% of residents also have children under the age of 18.
If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a fulfilling experience if you are willing to get to know the city before actually living in Towson, Maryland. The best areas in Towson and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, weather, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Maryland and national averages.
Towson has a livability score of 70 out of 100 and is ranked #110 in Maryland and #11,098 in the USA. There are seven total categories that generate the livability score. Towson ranks well for amenities (A+), education (B) and employment (B). Towson does not rank well for the following: crime (D), cost of living (F) and housing (F). It might be wise to take a closer look at each category to find out why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Towson, there is no shortage of amazing local amenities and interesting things to do.
Towson real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Towson. The median home price for Towson homes is $334,500, which is 15.2% higher than the Maryland average. If we take a closer look at the affordability of homes in Towson, we’ll see that the home price to income ratio is 4.3, which is 13.2% higher than the Maryland average. Real estate appreciation rates in Towson are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Towson homes comes in at 4.6%, and the 5 year appreciation rates were 3.8%.