Towson, Maryland has an overall cost of living index of 103.2, which is 3.2 points above the US average of 100 — making it pricier than most American cities. Renters pay a median of $1,764 per month, while the typical home is valued around $469,000. Households earn a median of $101,320 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$101,320
Median Income / yr
Census ACS
$1,764
Median Rent / mo
Census ACS
$469,000
Median Home Value
Census ACS
103.2
Cost of Living Index
Studio FMR
$1,362
HUD · FY2024
1BR Fair Market Rent
$1,511
HUD · FY2024
2BR Fair Market Rent
$1,857
HUD · FY2024
3BR Fair Market Rent
$2,358
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
Each category indexed to the US average of 100. Below 100 = cheaper than average.
Overall
103.2
Goods
101.5
Rents / Housing
116.8
Services
110.1
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | $151,370 |
| Registered Nurse | $97,130 |
| Elementary Teacher | $72,670 |
| Electrician | $69,850 |
| Accountant | $93,520 |
| Plumber | $68,310 |
| Nurse Practitioner | $232,520 |
| Civil Engineer | $106,560 |
| Operations Manager | $127,880 |
| Market Research Analyst | $78,020 |
| Health Services Manager | $152,310 |
| Truck Driver | $58,560 |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | $148,640 |
Source: BLS OEWS 2023 (metro-level data)
Population
58,679
Latest estimate
Median Age
33.6 yrs
Census ACS
AQI data not available
Source: EPA AirNow
Total Neighborhoods
10
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,497
Per month
Avg Home Value
$378,738
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 21093 | — | $1,511 | $451,400 |
| ZIP 21204 | — | $1,849 | $524,900 |
| ZIP 21208 | — | $1,546 | $286,500 |
| ZIP 21209 | — | $1,587 | $393,600 |
| ZIP 21210 | — | $1,471 | $479,800 |
| ZIP 21212 | — | $1,327 | $343,900 |
| ZIP 21239 | — | $1,245 | $176,300 |
| ZIP 21252 | — | — | — |
| ZIP 21285 | — | — | — |
| ZIP 21286 | — | $1,438 | $373,500 |
January Avg
37°F
July Avg
81°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Dry/Arid · Source: NOAA/NCEI 30-year normals.
Healthcare Score
32.9
poor
Hospitals
1
Doctors per 1,000
1.00
Insurance Coverage
97.5%
Towson has a Regional Price Parity (RPP) index of 103.2. The US national average is 100, so Towson is 3.2 points above the national average.
The median gross rent in Towson is $1,764 per month according to US Census ACS data.
The median household income in Towson is $101,320 per year.
The median home value in Towson is $469,000 based on the latest Census ACS survey.
Air quality data for Towson is not yet available.
Tax data for Maryland is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology