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

Is North Potomac, Maryland a good place to live?
North Potomac is a city in Maryland state in USA with a population of 24146 residents.. The poverty rate of North Potomac is 3.2%, which is 77% lower than national average. The typical household in North Potomac earns $166383 a year, compared to the national median of $67,500. Nearly 10.5% 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 North Potomac, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of North Potomac remained 2.6%, which is 45% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In North Potomac, only 75% of adults have a bachelor's degree and 16% have some college but no degree.

Cost of living in North Potomac is 167, which is 67% higher than national average. Median home value in North Potomac is $670600 , which is 192% higher than national average. While median income in North Potomac remained $166383, which is 146% 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
24146
Unemployment
2.6%
45% NAT AVG.
Poverty
3.2%
77% NAT AVG.
Overall Score
7.5
Median Home Cost
$670600
192% NAT AVG.
Median Income
$166383
146% NAT AVG.
Median Rent
$2160
86% NAT AVG.
Cost Of Living
167
67% NAT AVG.
People Living BPL
1 in 31
Unemployed People
1 in 38
People Earning < $10,000
1 in 71
People Earning < $50,000
10.5%
People with <= High School
1 in 11.1
People With Any Degree
1 in 1.3
Pros & Cons Overview

Jobs90%

Housing100%

Affordability80%

Safety90%

Amenities90%

Diversity95%

Education95%

Commute30%