The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
This area exhibits elevated crime rates per 100,000 residents, which may suggest it's a potentially unsafe place to reside. These rates encompass both property and violent crimes.
Surveys and polls conducted by AreaVibes with residents of the area revealed unfavorable results concerning the walkability of amenities, the availability of parks and public transit access.
Located in the state of Maryland, Halfway is a medium-sized city with a population of 10,804 people. If we look at the most recent Census, Halfway is known to have a predominantly White population. The next two most common races are Black and Asian. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Halfway, your commute time will align closely with the national average, spanning a one-way duration of approximately 28 minutes.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Halfway could be a positive experience compared to other cities in Maryland if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. To help you find the best places to live in and around Halfway, AreaVibes has created a livability score using key metrics like amenities, cost of living, commute, health & safety, housing and more.
Halfway, MD receives 66 out of 100 for its livability score; this results in a ranking of #215 in Maryland and #9,718 in the USA. There are nine total categories that create the livability score. Halfway scores well for cost of living (A), employment (B+) and housing (A) There are some categories that Halfway scores poorly for, including: amenities (F), crime (D) and education (D-). It might be worth taking a closer look to find out why.
The unemployment rate in Halfway has consistently declined over the years and currently stands well below the national average at 2.14%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Finding affordable real estate and housing in Halfway can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Halfway meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Halfway. Everything else becomes a lot less important if it turns out that home prices in Halfway are simply unattainable. Median real estate prices in Halfway come in at $184,900, which is 36.3% lower than the Maryland average. The home price to income ratio compares the median home prices to the median household income. In Halfway, the home price to income ratio is 2.7, which is 28.9% lower than the Maryland average.
Statistic | Halfway | Maryland | National |
Average one way commute | 28min | 32min | 26min |
Workers who drive to work | 81.8% | 73.7% | 76.4% |
Workers who carpool | 10.3% | 9.3% | 9.3% |
Workers who take public transit | 0.6% | 8.9% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 0.9% | 2.4% | 2.8% |
Working from home | 6.1% | 4.4% | 4.6% |