Towson has a population of approximately 59,014 and experiences a population change rate of 13.94%. The population density is 4,169.7 / sq mi .
Towson has a population of approximately 59,014 and experiences a population change rate of 13.94%. The population density is 4,169.7 / sq mi .
The median household income for Towson is $93,435, with 22,191 households and an average household size of 2.3.
The median value of a home in Towson is $427,300 with an appreciation rate of 8.80%. 54.44% of housing in the state is owned while 38.02% is rented.
The cost of living in Towson is 133.6 %.
The unemployment rate in Towson is 1.90%, and recent job growth is at 1.74%. Future job growth is projected at 32.97%.
The sales tax rate in Towson is 6.00%, while the income tax rate is 4.75% .
School expenditures in Towson are $16,935, and the school ratio is 14.5:1.
The average high temperature in July is 87.2 degrees, with an average low temperature in January of 25 degrees. The average rainfall is approximately 45.1 inches per year, with 20.5 inches of snow per year.