With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
This area is known for its high cost of living, which means you should anticipate higher costs for everyday goods and services, housing, groceries, and health care.
Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.
Spring Ridge, Maryland is a small city with a population of 5,612 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (89% White). Given that fact, Spring Ridge could be considered less diverse than other cities. An important consideration when living in Spring Ridge is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 38 minutes, far surpassing the national average of 26 minutes.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Spring Ridge could be a positive experience compared to other cities in Maryland if you know where to search. 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. The best areas in Spring Ridge and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, health & safety, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Maryland and national averages.
With a livability score of 62 out of 100, Spring Ridge is ranked #14,197 in the United States and #288 in Maryland. There are nine total categories that create the livability score. Spring Ridge ranks well for crime (B-) and housing (A+) Regrettably for Spring Ridge, there are some categories for which it does not rank well, this includes: amenities (F) and cost of living (F).
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, Spring Ridge has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Spring Ridge is real estate affordability. Median real estate prices in Spring Ridge come in at $342,300, which is 17.9% higher than the Maryland average. The home price to income ratio compares the median home prices to the median household income. In Spring Ridge, the home price to income ratio is 3.2, which is 15.8% lower than the Maryland average.
Statistic | Spring Ridge | Maryland | National |
Average one way commute | 38min | 32min | 26min |
Workers who drive to work | 71.8% | 73.7% | 76.4% |
Workers who carpool | 15.5% | 9.3% | 9.3% |
Workers who take public transit | 2.2% | 8.9% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 0.6% | 2.4% | 2.8% |
Working from home | 8.2% | 4.4% | 4.6% |