Severance has a population of approximately 7,691 and experiences a population change rate of 1188.28%. The population density is 893.3 / sq mi .
Severance has a population of approximately 7,691 and experiences a population change rate of 1188.28%. The population density is 893.3 / sq mi .
The median household income for Severance is $111,055, with 2,577 households and an average household size of 2.98.
The median value of a home in Severance is $522,300 with an appreciation rate of 15.90%. 95.99% of housing in the state is owned while 3.35% is rented.
The cost of living in Severance is 125.2 %.
The unemployment rate in Severance is 2.50%, and recent job growth is at 1.09%. Future job growth is projected at 40.91%.
The sales tax rate in Severance is 7.35%, while the income tax rate is 4.55% .
School expenditures in Severance are $12,873, and the school ratio is 17:1.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 15 inches per year, with 42.5 inches of snow per year.