Living in Lochearn, Maryland
Cost of living, income, home prices, rent and demographics of Lochearn · Census data 2020–2024
Lochearn has 27,074 residents with a median age of 38.8. The median household income is $74,707 (28% lower than the Maryland median), the median home value is $286,000, the median rent is $1,460/month.
Lochearn at a glance
- Population
- 27,074
- Median age
- 38.8State: 39.4
- Median household income
- $74,707State: $103,678
- Median home value
- $286,000State: $419,900
- Median rent
- $1,460/moState: $1,705
- Homeowners
- 64.9%
- Bachelor's degree or higher
- 34.2%
- Average commute
- 30 min
Is Lochearn a good place to live?
Pros: Home values 32% lower than the state median; an average commute of 30 minutes.
Cons: Median household income 28% lower than the Maryland median; unemployment of 5.9%; a poverty rate of 9.8%.
The weather is best in May–June and August–September.
Cost of living in Lochearn
Housing is the biggest part of the cost of living. In Lochearn the median home value is $286,000, 14% lower than the U.S. median. Renters pay a median of $1,460 per month, which is 34.1% of household income. Homeowners with a mortgage pay $1,775 a month in housing costs.
Lochearn median household income
The median household income in Lochearn is $74,707 and the income per person is $38,142. 9.8% of residents live below the poverty line (Maryland: 9.4%).
Housing in Lochearn: homes for sale and rent
- Housing units
- 11,002
- Owner-occupied
- 64.9%
- Renter-occupied
- 35.1%
- Vacant
- 3.5%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.53
Lochearn demographics
- Population
- 27,074
- Median age
- 38.8
- Under 18
- 23.7%
- 65 and older
- 18.6%
- Households
- 10,615
- Foreign-born
- 14.4%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Lochearn ›
Education in Lochearn
34.2% of adults 25 and older in Lochearn have a bachelor's degree or higher (Maryland: 43.4%), and 15.6% have a graduate or professional degree.
Jobs and commute in Lochearn
- Unemployment rate
- 5.9%State: 4.9%
- Average commute
- 30 minState: 31 min
- Work from home
- 10.3%
- Drive alone
- 71.6%
- Public transit
- 4.8%
- Walk to work
- 1.4%
- Homes with broadband
- 84.5%
Lochearn vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lochearn | 27,074 | $74,707 | $286,000 | $1,460 |
| Milford Mill | 30,829 | $69,711 | $273,600 | $1,653 |
| Woodlawn | 40,379 | $82,466 | $294,200 | $1,494 |
| Pikesville | 33,524 | $98,465 | $434,500 | $1,707 |
| Garrison | 9,469 | $102,423 | $331,600 | $1,952 |
| Randallstown | 35,957 | $85,735 | $327,200 | $1,577 |
| Owings Mills | 37,245 | $96,243 | $361,000 | $1,841 |
| Catonsville | 43,368 | $114,109 | $416,900 | $1,724 |
| Towson | 58,679 | $101,320 | $469,000 | $1,764 |
More for people moving to Lochearn
Lochearn ZIP code ›Weather and climate ›Living in Lochearn: FAQ
What is the median household income in Lochearn, MD?
The median household income in Lochearn is $74,707, 28% lower than the Maryland median of $103,678 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lochearn?
The median home value in Lochearn is $286,000, compared with $419,900 in Maryland.
How much is rent in Lochearn?
The median gross rent in Lochearn is $1,460 per month, about 34.1% of household income.
Is Lochearn, MD a good place to live?
Pluses: home values 32% lower than the state median; an average commute of 30 minutes. Minuses: median household income 28% lower than the Maryland median; unemployment of 5.9%; a poverty rate of 9.8%.
What is the median age in Lochearn?
The median age in Lochearn is 38.8 years (Maryland: 39.4).
How long is the commute in Lochearn?
The average commute to work in Lochearn is 30 minutes; 10.3% of workers work from home.
What is the unemployment rate in Lochearn?
The unemployment rate in Lochearn is 5.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lochearn?
34.2% of adults in Lochearn have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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