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 high score in the schools category can be attributed to outstanding test scores, elevated graduation rates and the convenient placement of elementary and high schools in this area.
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.
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.
Located in the state of Maryland, Timonium is a mid-sized city with a population of 10,642 inhabitants. At 80%, the majority of the Timonium population is White; this is followed by 12% Asian and 5% Black. The Timonium population appears to be aging at a faster rate than normal. The median age is currently 49, which is on the high side when compared to most other cities. 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 Timonium, your commute time will align closely with the national average, spanning a one-way duration of approximately 27 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Timonium, Maryland could be a good 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. Finding the best places to live in Timonium and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, education, housing and other important metrics.
Timonium, MD receives 74 out of 100 for its livability score; this results in a ranking of #102 in Maryland and #3,495 in the USA. For each of the livability categories, we see that Timonium ranks very well for crime (B-), education (A-) and housing (A+). There is at least one category that does not have great scores in Timonium. The following was graded with a disappointing score: amenities (F) and cost of living (F).
The Timonium unemployment rate of 2.46% 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.
Parents and families tend to prioritize school test scores when choosing educational institutions. Test score data can be a critical factor in evaluating and comparing schools. In Timonium, the average school test scores are an impressive 65%, well above the national average. This achievement reflects the educational system's dedication to providing students with the essential knowledge and tools for success. It ensures that your children will receive the support and resources needed to excel academically and thrive in their educational pursuits.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Timonium excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
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 Timonium is real estate affordability. Median real estate prices in Timonium come in at $388,600, which is 33.8% higher than the Maryland average. The home price to income ratio compares the median home prices to the median household income. In Timonium, the home price to income ratio is 3.7, which is 2.6% lower than the Maryland average.
Statistic | Timonium | Maryland | National |
Average one way commute | 27min | 32min | 26min |
Workers who drive to work | 76.0% | 73.7% | 76.4% |
Workers who carpool | 7.4% | 9.3% | 9.3% |
Workers who take public transit | 1.8% | 8.9% | 5.1% |
Workers who bicycle | 0.3% | 0.3% | 0.6% |
Workers who walk | 0.6% | 2.4% | 2.8% |
Working from home | 13.5% | 4.4% | 4.6% |