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

Is Severn, Maryland a good place to live?
Severn is a city in Maryland state in USA with a population of 53374 residents.. The poverty rate of Severn is 6.1%, which is 56% lower than national average. The typical household in Severn earns $109948 a year, compared to the national median of $67,500. Nearly 16.3% 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 Severn, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Severn remained 4.5%, which is 4% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Severn, only 43% of adults have a bachelor's degree and 31% have some college but no degree.

Cost of living in Severn is 127, which is 27% higher than national average. Median home value in Severn is $370200 , which is 61% higher than national average. While median income in Severn remained $109948, which is 63% 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
53374
Unemployment
4.5%
4% NAT AVG.
Poverty
6.1%
56% NAT AVG.
Overall Score
7.5
Median Home Cost
$370200
61% NAT AVG.
Median Income
$109948
63% NAT AVG.
Median Rent
$1739
50% NAT AVG.
Cost Of Living
127
27% NAT AVG.
People Living BPL
1 in 16
Unemployed People
1 in 22
People Earning < $10,000
1 in 53
People Earning < $50,000
16.3%
People with <= High School
1 in 3.8
People With Any Degree
1 in 1.9
Pros & Cons Overview

Jobs85%

Housing90%

Affordability70%

Safety90%

Amenities90%

Diversity100%

Education85%

Commute50%