Amenities
Conveniently located, the area boasts a variety of amenities, including grocery stores, shopping, coffee shops and entertainment options all within walking distance.
Commute
The high commute score in this area could imply easy access to public transportation, as well as shorter-than-average commute times to your workplace.
Employment
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Health & Safety
Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.
Cost Of Living
This area is known for its high cost of living, which means you should anticipate higher costs for everyday goods and services, housing, groceries, and health care.
Located in the state of Maryland, Towson is a medium-sized city with a population of 58,727 inhabitants. Towson has a population density of 4,150 people per square mile. This would be considered well above the national population density level. At 74%, the majority of the Towson population is White; this is followed by 15% Black and 6% Asian. With an average age of 33 years old, Towson could be a great place to live for young adults as this age is well below the national average. Towson is very likely to be a great place to live for singles as only 47%, of the population (over fifteen) are classified as married. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Towson, your commute times will be about average, with a one way commute time of 26 minutes.
Living in Towson can be a positive experience for anyone relocating to the town. Having said that, in the state of Maryland, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in Towson and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, health & safety, education and other important metrics.
Towson has a livability score of 86/100 and is ranked #12 in Maryland and #341 in the USA. Compared to the US average, Towson ranks among some of the best places to live in the country! Towson has also earned the rare honor of ranking in the top 10 percentile among all cities. For each of the livability categories, we can establish that Towson ranks very well for amenities (A+), education (A-) and housing (A+). There are some categories that Towson does not rank well for, including: cost of living (F). It might be worth taking a closer look to determine why.
If you're living in Towson, you can expect to enjoy a multitude of local amenities, mostly thanks to the strategic placement of essential services such as grocery stores, restaurants, coffee shops, parks and various shops. If you're contemplating a move to this locale with the intent of establishing it as your permanent residence, you'll be pleased to find an extensive array of amenities and recreational opportunities within easy reach, either on foot or via a brief commute. This wealth of accessible amenities not only enhances the livability of the area but also ensures that you can enjoy a rich and fulfilling lifestyle, making Towson an attractive destination for those seeking a vibrant and well-served community to call home.
The Towson unemployment rate of 2.7% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Towson excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Towson. 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 Towson are affordable. Median real estate prices in Towson come in at $677,321, which is 30.9% higher than the Maryland average. The home price to income ratio compares the median home prices to the median household income. In Towson, the home price to income ratio is 5, which is 8.7% higher than the Maryland average.
| Statistic | Towson | Maryland | National |
| Average one way commute | 26min | 32min | 26min |
| Workers who drive to work | 75.1% | 73.7% | 76.4% |
| Workers who carpool | 6.1% | 9.3% | 9.3% |
| Workers who take public transit | 3.9% | 8.9% | 5.1% |
| Workers who bicycle | 0.1% | 0.3% | 0.6% |
| Workers who walk | 5.3% | 2.4% | 2.8% |
| Working from home | 8.5% | 4.4% | 4.6% |
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