Is Arnold, Maryland a Good Place To Live? - Living In Arnold, MD

Is Arnold, Maryland a good place to live?
Arnold is a city in Maryland state in USA with a population of 24334 residents.. The poverty rate of Arnold is 3.8%, which is 73% lower than national average. The typical household in Arnold earns $119504 a year, compared to the national median of $67,500. Nearly 9.6% 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 Arnold, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Arnold remained 3.8%, which is 19% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Arnold, only 56% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Arnold is 134, which is 34% higher than national average. Median home value in Arnold is $440000 , which is 91% higher than national average. While median income in Arnold remained $119504, which is 77% 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
24334
Unemployment
3.8%
19% NAT AVG.
Poverty
3.8%
73% NAT AVG.
Overall Score
7
Median Home Cost
$440000
91% NAT AVG.
Median Income
$119504
77% NAT AVG.
Median Rent
$1914
65% NAT AVG.
Cost Of Living
134
34% NAT AVG.
People Living BPL
1 in 26
Unemployed People
1 in 26
People Earning < $10,000
1 in 40
People Earning < $50,000
9.6%
People with <= High School
1 in 6.3
People With Any Degree
1 in 1.5
Pros & Cons Overview

Jobs85%

Housing95%

Affordability60%

Safety90%

Amenities90%

Diversity80%

Education95%

Commute40%