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.
Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.
According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.
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.
Taneytown is a small city located in the state of Maryland. The city has a population of 6,837 inhabitants. If we look at the most recent Census, Taneytown is known to have a predominantly White population. The next two most common races are Black and Asian. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Taneytown offers up a higher than average one way commute time of 36 minutes.
Living in Taneytown can be a fulfilling experience for anyone relocating to the city. Having said that, in the state of Maryland, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like amenities, commute, education, you can easily compare the best places to live in Taneytown and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Taneytown to Maryland and the national average.
Using data and statistics Taneytown has received a livability score of 72/100. This score is ranked in the 84th percentile when compared to all other cities. There are nine total categories that generate the livability score. Taneytown ranks well for crime (A), employment (B+) and housing (B+) There is at least one category that does not have great scores in Taneytown. The following was graded with a concerning score: amenities (F).
The Taneytown unemployment rate of 2.25% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
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, Taneytown has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Taneytown 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 Taneytown. Everything else becomes a lot less important if it turns out that home prices in Taneytown are simply unattainable. The median home price for Taneytown homes is $258,800, which is 10.9% lower than the Maryland average. If we take a closer look at the affordability of homes in Taneytown, we’ll see that the home price to income ratio is 3.8, which is 0% lower than the Maryland average.
Statistic | Taneytown | Maryland | National |
Average one way commute | 36min | 32min | 26min |
Workers who drive to work | 82.0% | 73.7% | 76.4% |
Workers who carpool | 9.6% | 9.3% | 9.3% |
Workers who take public transit | 2.2% | 8.9% | 5.1% |
Workers who bicycle | 0.7% | 0.3% | 0.6% |
Workers who walk | 0.4% | 2.4% | 2.8% |
Working from home | 5.1% | 4.4% | 4.6% |