This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Melwood is a small-sized city located in the state of Maryland. The city has a population of 3,923 residents. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Melwood entails a longer-than-average one-way commute time, averaging 39 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Melwood, Maryland could be a great experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like crime, cost of living, health & safety, education, housing, you can easily compare the best places to live in Melwood and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Melwood to Maryland and the national average.
Using data and statistics Melwood has received a livability score of 61 out of 100. This score is ranked in the 46th percentile when compared to all other cities. Based on the scores for each individual category, Melwood has been rewarded with high marks for crime (A), employment (A+) and housing (A+). Melwood does not fare well for the following: amenities (F) and cost of living (D-). It might be a smart idea to take a closer look at each category to find out why.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Melwood has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Melwood is actually affordable. Median real estate prices in Melwood come in at $345,200, which is 18.9% higher than the Maryland average. The home price to income ratio compares the median home prices to the median household income. In Melwood, the home price to income ratio is 4.2, which is 10.5% higher than the Maryland average.
Statistic | Melwood | Maryland | National |
Average one way commute | 39min | 32min | 26min |
Workers who drive to work | 79.6% | 73.7% | 76.4% |
Workers who carpool | 12.4% | 9.3% | 9.3% |
Workers who take public transit | 3.5% | 8.9% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 0.0% | 2.4% | 2.8% |
Working from home | 2.8% | 4.4% | 4.6% |