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

Is Cloverly, Maryland a good place to live?
Cloverly is a city in Maryland state in USA with a population of 15915 residents.. The poverty rate of Cloverly is 2.8%, which is 80% lower than national average. The typical household in Cloverly earns $134527 a year, compared to the national median of $67,500. Nearly 14.5% 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 Cloverly, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cloverly remained 7.4%, which is 57% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cloverly, only 63% of adults have a bachelor's degree and 17% have some college but no degree.

Cost of living in Cloverly is 146, which is 46% higher than national average. Median home value in Cloverly is $513200 , which is 123% higher than national average. While median income in Cloverly remained $134527, which is 99% 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
15915
Unemployment
7.4%
57% NAT AVG.
Poverty
2.8%
80% NAT AVG.
Overall Score
7
Median Home Cost
$513200
123% NAT AVG.
Median Income
$134527
99% NAT AVG.
Median Rent
$1742
50% NAT AVG.
Cost Of Living
146
46% NAT AVG.
People Living BPL
1 in 36
Unemployed People
1 in 14
People Earning < $10,000
1 in 63
People Earning < $50,000
14.5%
People with <= High School
1 in 5
People With Any Degree
1 in 1.4
Pros & Cons Overview

Jobs80%

Housing95%

Affordability80%

Safety85%

Amenities85%

Diversity100%

Education90%

Commute30%