Life in Towson research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Towson over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Towson:
The population in Towson is 57,683.
The median home value in Towson is $464,620.
The median income in Towson is $100,481.
The cost of living in Towson is 127 which is 1.3x higher than the national average.
The median rent in Towson is $1,784.
The unemployment rate in Towson is 4.7%.
The poverty rate in Towson is 12.7%.
The average high in Towson is 65.6° and the average low is 45.4°.
Cost of living in Towson summary. We use data on the cost of living to determine how expensive it is to live in Towson. Real estate prices drive most of the variance in cost of living around Maryland. Key points include:
The cost of living in Towson is 127 with 100 being average.
The cost of living in Towson is 1.3x higher than the national average.
The median home value in Towson is $464,620.
The median income in Towson is $100,481.
| Living Expense | Towson | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 127 | 121 | 100 | |
| Services | 105 | 105 | 100 | |
| Groceries | 107 | 107 | 100 | |
| Health | 98 | 96 | 100 | |
| Housing | 185 | 150 | 100 | |
| Transportation | 102 | 99 | 100 | |
| Utilities | 113 | 113 | 100 | |
The average high in Towson is 65.6° and the average low is 45.4°.
There are 72.4 days of precipitation each year.
Expect an average of 46.5 inches of precipitation each year with 21.4 inches of snow.
| Stat | Towson |
|---|---|
| Average Annual High | 65.6 |
| Average Annual Low | 45.4 |
| Annual Precipitation Days | 72.4 |
| Average Annual Precipitation | 46.5 |
| Average Annual Snowfall | 21.4 |
The current population in Towson is 57,683. The population has increased 6.7% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 57,683 | 0.1% |
| 2022 | 57,617 | -2.4% |
| 2021 | 59,014 | 2.6% |
| 2020 | 57,542 | -0.5% |
| 2019 | 57,817 | -0.9% |
| 2018 | 58,347 | -0.7% |
| 2017 | 58,766 | 1.0% |
| 2016 | 58,189 | 0.8% |
| 2015 | 57,725 | 1.0% |
| 2014 | 57,146 | 1.2% |
| 2013 | 56,483 | 1.2% |
| 2012 | 55,811 | 1.3% |
| 2011 | 55,069 | 1.9% |
| 2010 | 54,068 | - |
67.5% White with 38,921 White residents.
15.7% African American with 9,073 African American residents.
0.1% American Indian with 63 American Indian residents.
6.0% Asian with 3,463 Asian residents.
0.0% Hawaiian with 13 Hawaiian residents.
0.3% Other with 192 Other residents.
4.5% Two Or More with 2,595 Two Or More residents.
5.8% Hispanic with 3,363 Hispanic residents.
| Race | Towson | MD | USA |
|---|---|---|---|
| White | 67.5% | 47.4% | 58.2% |
| African American | 15.7% | 29.2% | 12.0% |
| American Indian | 0.1% | 0.1% | 0.5% |
| Asian | 6.0% | 6.4% | 5.7% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.3% | 0.6% | 0.5% |
| Two Or More | 4.5% | 4.2% | 3.9% |
| Hispanic | 5.8% | 12.1% | 19.0% |
Towson is 55.3% female with 31,869 female residents.
Towson is 44.7% male with 25,813 male residents.
| Gender | Towson | MD | USA |
|---|---|---|---|
| Female | 55.3% | 51.3% | 50.5% |
| Male | 44.7% | 48.7% | 49.5% |
2.0% of adults in Towson completed < 9th grade.
2.0% of adults in Towson completed 9-12th grade.
10.0% of adults in Towson completed high school / ged.
12.0% of adults in Towson completed some college.
5.0% of adults in Towson completed associate's degree.
34.0% of adults in Towson completed bachelor's degree.
21.0% of adults in Towson completed master's degree.
8.0% of adults in Towson completed professional degree.
6.0% of adults in Towson completed doctorate degree.
| Education | Towson | MD | USA |
|---|---|---|---|
| < 9th Grade | 2.0% | 4.0% | 5.0% |
| 9-12th Grade | 2.0% | 5.0% | 6.0% |
| High School / GED | 10.0% | 24.0% | 26.0% |
| Some College | 12.0% | 18.0% | 19.0% |
| Associate's Degree | 5.0% | 7.0% | 9.0% |
| Bachelor's Degree | 34.0% | 22.0% | 21.0% |
| Master's Degree | 21.0% | 14.0% | 10.0% |
| Professional Degree | 8.0% | 3.0% | 2.0% |
| Doctorate Degree | 6.0% | 3.0% | 2.0% |
7.9% of households in Towson earn Less than $10,000.
1.6% of households in Towson earn $10,000 to $14,999.
4.9% of households in Towson earn $15,000 to $24,999.
3.8% of households in Towson earn $25,000 to $34,999.
6.8% of households in Towson earn $35,000 to $49,999.
11.3% of households in Towson earn $50,000 to $74,999.
13.3% of households in Towson earn $75,000 to $99,999.
15.4% of households in Towson earn $100,000 to $149,999.
12.7% of households in Towson earn $150,000 to $199,999.
22.2% of households in Towson earn $200,000 or more.
| Income | Towson | MD | USA |
|---|---|---|---|
| Less than $10,000 | 7.9% | 4.3% | 4.9% |
| $10,000 to $14,999 | 1.6% | 2.5% | 3.6% |
| $15,000 to $24,999 | 4.9% | 4.5% | 6.6% |
| $25,000 to $34,999 | 3.8% | 4.9% | 6.8% |
| $35,000 to $49,999 | 6.8% | 7.9% | 10.4% |
| $50,000 to $74,999 | 11.3% | 13.2% | 15.7% |
| $75,000 to $99,999 | 13.3% | 12.0% | 12.7% |
| $100,000 to $149,999 | 15.4% | 19.3% | 17.4% |
| $150,000 to $199,999 | 12.7% | 12.4% | 9.3% |
| $200,000 or more | 22.2% | 19.2% | 12.6% |