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

Is Severna Park, Maryland a good place to live?
Severna Park is a city in Maryland state in USA with a population of 38729 residents.. The poverty rate of Severna Park is 2.3%, which is 84% lower than national average. The typical household in Severna Park earns $151969 a year, compared to the national median of $67,500. Nearly 13% 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 Severna Park, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Severna Park remained 3%, which is 36% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Severna Park, only 60% of adults have a bachelor's degree and 22% have some college but no degree.

Cost of living in Severna Park is 146, which is 46% higher than national average. Median home value in Severna Park is $549100 , which is 139% higher than national average. While median income in Severna Park remained $151969, which is 125% 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
38729
Unemployment
3%
36% NAT AVG.
Poverty
2.3%
84% NAT AVG.
Overall Score
7
Median Home Cost
$549100
139% NAT AVG.
Median Income
$151969
125% NAT AVG.
Median Rent
$1520
31% NAT AVG.
Cost Of Living
146
46% NAT AVG.
People Living BPL
1 in 43
Unemployed People
1 in 33
People Earning < $10,000
1 in 83
People Earning < $50,000
13%
People with <= High School
1 in 5.6
People With Any Degree
1 in 1.5
Pros & Cons Overview

Jobs90%

Housing90%

Affordability80%

Safety90%

Amenities90%

Diversity60%

Education90%

Commute50%