Towson, MD
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-12-15

Living In Towson, Maryland Summary

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 57,617.

  • The median home value in Towson is $439,199.

  • The median income in Towson is $98,425.

  • The cost of living in Towson is 124 which is 1.2x higher than the national average.

  • The median rent in Towson is $1,695.

  • The unemployment rate in Towson is 4.6%.

  • The poverty rate in Towson is 11.6%.

  • The average high in Towson is 65.6° and the average low is 45.4°.

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Towson SnackAbility

7.5
Overall SnackAbility
Jobs
8.5/10
Housing
9
Affordability
6
Diversity
8.5
Safety
N/A
Amenities
9.5
Education
9
Commute
6
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Towson, MD Cost Of Living

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 124 with 100 being average.

  • The cost of living in Towson is 1.2x higher than the national average.

  • The median home value in Towson is $439,199.

  • The median income in Towson is $98,425.

124
Towson's Overall Cost Of Living
1.2x
Higher Than The National Average

Cost Of Living In Towson Comparison Table

Living Expense Towson Maryland National Average
Overall 124 120 100
Services 112 109 100
Groceries 115 108 100
Health 92 92 100
Housing 168 156 100
Transportation 102 100 100
Utilities 107 108 100

Towson, MD Weather

  • 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.

StatTowson
Average Annual High65.6
Average Annual Low45.4
Annual Precipitation Days72.4
Average Annual Precipitation46.5
Average Annual Snowfall21.4
65.6°
Average High
72.4°
Days of Rain

Towson, MD Photos

Source: Wikipedia User |

Rankings for Towson in Maryland

Locations Around Towson

Map Of Towson, MD

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Towson Demographics And Statistics

Population over time in Towson

The current population in Towson is 57,617. The population has increased 6.6% from 2010.

Year Population % Change
2022 57,617 -1.3%
2021 58,347 -0.7%
2020 58,766 1.0%
2019 58,189 0.8%
2018 57,725 1.0%
2017 57,146 1.2%
2016 56,483 1.2%
2015 55,811 1.3%
2014 55,069 1.9%
2013 54,068 -

Race / Ethnicity in Towson

White
69.5% (40,020)
African American
16.0% (9,192)
American Indian
0.1% (69)
Asian
5.6% (3,204)
Hawaiian
0.0% (27)
Other
0.2% (123)
Two Or More
4.0% (2,293)
Hispanic
4.7% (2,689)

Towson is:

  • 69.5% White with 40,020 White residents.

  • 16.0% African American with 9,192 African American residents.

  • 0.1% American Indian with 69 American Indian residents.

  • 5.6% Asian with 3,204 Asian residents.

  • 0.0% Hawaiian with 27 Hawaiian residents.

  • 0.2% Other with 123 Other residents.

  • 4.0% Two Or More with 2,293 Two Or More residents.

  • 4.7% Hispanic with 2,689 Hispanic residents.

Race Towson MD USA
White 69.5% 48.5% 58.9%
African American 16.0% 29.5% 12.1%
American Indian 0.1% 0.1% 0.6%
Asian 5.6% 6.4% 5.7%
Hawaiian 0.0% 0.0% 0.2%
Other 0.2% 0.5% 0.4%
Two Or More 4.0% 4.0% 3.5%
Hispanic 4.7% 10.9% 18.7%

Gender in Towson

Female
53.8% (31,021)
Male
46.2% (26,596)
  • Towson is 53.8% female with 31,021 female residents.

  • Towson is 46.2% male with 26,596 male residents.

Gender Towson MD USA
Female 53.8% 51.3% 50.4%
Male 46.2% 48.7% 49.6%

Highest level of educational attainment in Towson for adults over 25

  • 3.0% of adults in Towson completed < 9th grade.

  • 2.0% of adults in Towson completed 9-12th grade.

  • 11.0% of adults in Towson completed high school / ged.

  • 13.0% of adults in Towson completed some college.

  • 4.0% 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.

  • 7.0% of adults in Towson completed professional degree.

  • 5.0% of adults in Towson completed doctorate degree.

< 9th Grade
3.0% (1,728)
9-12th Grade
2.0% (1,152)
High School / GED
11.0% (6,337)
Some College
13.0% (7,490)
Associate's Degree
4.0% (2,304)
Bachelor's Degree
34.0% (19,589)
Master's Degree
21.0% (12,099)
Professional Degree
7.0% (4,033)
Doctorate Degree
5.0% (2,880)
Education Towson MD USA
< 9th Grade 3.0% 4.0% 4.0%
9-12th Grade 2.0% 5.0% 6.0%
High School / GED 11.0% 24.0% 26.0%
Some College 13.0% 18.0% 20.0%
Associate's Degree 4.0% 7.0% 9.0%
Bachelor's Degree 34.0% 22.0% 21.0%
Master's Degree 21.0% 14.0% 10.0%
Professional Degree 7.0% 3.0% 2.0%
Doctorate Degree 5.0% 3.0% 2.0%

Household Income For Towson, Maryland

  • 8.6% of households in Towson earn Less than $10,000.

  • 1.8% of households in Towson earn $10,000 to $14,999.

  • 4.5% of households in Towson earn $15,000 to $24,999.

  • 4.4% of households in Towson earn $25,000 to $34,999.

  • 5.7% of households in Towson earn $35,000 to $49,999.

  • 12.3% of households in Towson earn $50,000 to $74,999.

  • 13.4% of households in Towson earn $75,000 to $99,999.

  • 15.7% of households in Towson earn $100,000 to $149,999.

  • 12.0% of households in Towson earn $150,000 to $199,999.

  • 21.5% of households in Towson earn $200,000 or more.

Less than $10,000
8.6% (496,281)
$10,000 to $14,999
1.8% (105,318)
$15,000 to $24,999
4.5% (260,727)
$25,000 to $34,999
4.4% (256,104)
$35,000 to $49,999
5.7% (329,570)
$50,000 to $74,999
12.3% (707,946)
$75,000 to $99,999
13.4% (773,449)
$100,000 to $149,999
15.7% (902,914)
$150,000 to $199,999
12.0% (691,763)
$200,000 or more
21.5% (1,237,622)
Income Towson MD USA
Less than $10,000 8.6% 4.2% 4.9%
$10,000 to $14,999 1.8% 2.6% 3.8%
$15,000 to $24,999 4.5% 4.8% 7.0%
$25,000 to $34,999 4.4% 5.2% 7.4%
$35,000 to $49,999 5.7% 8.1% 10.7%
$50,000 to $74,999 12.3% 13.6% 16.1%
$75,000 to $99,999 13.4% 12.3% 12.8%
$100,000 to $149,999 15.7% 19.3% 17.1%
$150,000 to $199,999 12.0% 12.1% 8.8%
$200,000 or more 21.5% 17.9% 11.4%

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