Towson 86 Exceptional
Towson Livability #12 ranked city in Maryland#341 ranked city in the USARanks better than 98% of areas

Pros and Cons of Living in Towson

PROS
  • 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.

CONS
  • 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.

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What's it like Living in Towson?

Located in the state of Maryland, Towson is a moderately-sized city with a population of 57,542 residents. Towson has a population density of 4,066 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. The median age of all Towson residents is 33, which is well below the national average. This is a good indication that this city could be ideal for a younger demographic. Single men and women might be happy to hear that in Towson, only 47% of the population is married. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Towson, your commute time will align closely with the national average, spanning a one-way duration of approximately 26 minutes.

If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a fulfilling experience if you are willing to get to know the area before actually living in Towson, Maryland. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like amenities, crime, cost of living, education, employment, you can easily compare the best places to live in Towson and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Towson to Maryland and the national average.

With a livability score of 85 out of 100, Towson is ranked #297 in the United States and #11 in Maryland. Clearly, Towson is doing something right, as this score ranks well above the average of most cities. Towson also ranks in the top 10 percent of all cities, which is no small feat! Based on the rankings for each individual category, Towson has been rewarded with high marks for amenities (A+), education (A-), employment (A+) and housing (A-). The bad news for Towson, there are some categories for which it does not rank well, this includes: cost of living (F).

If you're considering living in Towson, it comes with numerous advantages, particularly in the form of an extensive selection of local amenities. These amenities play a pivotal role in elevating the quality of life within this vibrant community. From easily accessible grocery stores, to conveniently located fitness facilities, a diverse range of dining establishments and a multitude of shopping options, Towson provides a comprehensive array of resources for its residents. This ensures the effortless fulfillment of your daily needs and creates ample opportunities for relaxation and recreation. The convenience of these local offerings greatly contributes to the overall appeal of the area, making it an enticing destination for those in search of convenience, diversity, and a gratifying lifestyle. If you're contemplating a move, the abundance of local amenities could very well be a defining characteristic of this area.

The unemployment rate in Towson has consistently declined over the years and currently stands well below the national average at 2.59%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

Finding affordable real estate and housing in Towson can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Towson is real estate affordability. Median real estate prices in Towson come in at $367,200, which is 26.4% 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 4, which is 5.3% higher than the Maryland average.

Best Places to Live in and Around Towson

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Compare Towson, MD Livability

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      Towson transportation information

      Statistic Towson Maryland National
      Average one way commute26min32min26min
      Workers who drive to work75.1%73.7%76.4%
      Workers who carpool6.1%9.3%9.3%
      Workers who take public transit3.9%8.9%5.1%
      Workers who bicycle0.1%0.3%0.6%
      Workers who walk5.3%2.4%2.8%
      Working from home8.5%4.4%4.6%
      Source: The Towson, MD data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).