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

Is Ilchester, Maryland a good place to live?
Ilchester is a city in Maryland state in USA with a population of 26873 residents.. The poverty rate of Ilchester is 3%, which is 79% lower than national average. The typical household in Ilchester earns $123438 a year, compared to the national median of $67,500. Nearly 15.3% 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 Ilchester, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ilchester remained 2.7%, which is 43% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Ilchester, only 62% of adults have a bachelor's degree and 22% have some college but no degree.

Cost of living in Ilchester is 133, which is 33% higher than national average. Median home value in Ilchester is $394900 , which is 72% higher than national average. While median income in Ilchester remained $123438, which is 83% 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
26873
Unemployment
2.7%
43% NAT AVG.
Poverty
3%
79% NAT AVG.
Overall Score
7.5
Median Home Cost
$394900
72% NAT AVG.
Median Income
$123438
83% NAT AVG.
Median Rent
$1766
52% NAT AVG.
Cost Of Living
133
33% NAT AVG.
People Living BPL
1 in 33
Unemployed People
1 in 37
People Earning < $10,000
1 in 31
People Earning < $50,000
15.3%
People with <= High School
1 in 6.3
People With Any Degree
1 in 1.4
Pros & Cons Overview

Jobs90%

Housing90%

Affordability80%

Safety90%

Amenities90%

Diversity95%

Education90%

Commute60%