Living in Severna Park, Maryland
Cost of living, income, home prices, rent and demographics of Severna Park · Census data 2020–2024
Severna Park has 40,228 residents with a median age of 40.7. The median household income is $169,953 (64% higher than the Maryland median), the median home value is $647,200, the median rent is $1,699/month.
Severna Park at a glance
- Population
- 40,228
- Median age
- 40.7State: 39.4
- Median household income
- $169,953State: $103,678
- Median home value
- $647,200State: $419,900
- Median rent
- $1,699/moState: $1,705
- Homeowners
- 90.7%
- Bachelor's degree or higher
- 58.6%
- Average commute
- 28 min
Is Severna Park a good place to live?
Pros: Median household income 64% higher than the Maryland median; an average commute of 28 minutes; unemployment of 2.7%; a poverty rate of 2.8%.
Cons: Home values 54% higher than the state median.
The weather is best in June to September.
Cost of living in Severna Park
Housing is the biggest part of the cost of living. In Severna Park the median home value is $647,200, 95% higher than the U.S. median. Renters pay a median of $1,699 per month, which is 24.7% of household income. Homeowners with a mortgage pay $3,131 a month in housing costs.
Severna Park median household income
The median household income in Severna Park is $169,953 and the income per person is $69,378. 2.8% of residents live below the poverty line (Maryland: 9.4%).
Housing in Severna Park: homes for sale and rent
- Housing units
- 14,215
- Owner-occupied
- 90.7%
- Renter-occupied
- 9.3%
- Vacant
- 4%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.93
Severna Park demographics
- Population
- 40,228
- Median age
- 40.7
- Under 18
- 27.3%
- 65 and older
- 17.5%
- Households
- 13,649
- Foreign-born
- 5%
- Veterans
- 8.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Severna Park ›
Education in Severna Park
58.6% of adults 25 and older in Severna Park have a bachelor's degree or higher (Maryland: 43.4%), and 28.4% have a graduate or professional degree.
Jobs and commute in Severna Park
- Unemployment rate
- 2.7%State: 4.9%
- Average commute
- 28 minState: 31 min
- Work from home
- 24.1%
- Drive alone
- 67.6%
- Public transit
- 0.6%
- Walk to work
- 1.8%
- Homes with broadband
- 96.2%
Severna Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Severna Park | 40,228 | $169,953 | $647,200 | $1,699 |
| Arden on the Severn | 1,761 | $125,484 | $478,700 | $2,139 |
| Herald Harbor | 2,430 | $147,778 | $598,600 | $2,481 |
| Lake Shore | 18,249 | $130,689 | $473,600 | $1,806 |
| Arnold | 24,303 | $141,639 | $564,200 | $2,158 |
| Pasadena | 34,309 | $129,727 | $423,400 | $2,393 |
| Crownsville | 1,756 | $201,550 | $997,700 | — |
| Gambrills | 2,830 | $148,594 | $584,800 | $2,076 |
| Glen Burnie | 72,590 | $88,280 | $348,900 | $1,648 |
More for people moving to Severna Park
Severna Park ZIP code ›Weather and climate ›Living in Severna Park: FAQ
What is the median household income in Severna Park, MD?
The median household income in Severna Park is $169,953, 64% higher 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 Severna Park?
The median home value in Severna Park is $647,200, compared with $419,900 in Maryland.
How much is rent in Severna Park?
The median gross rent in Severna Park is $1,699 per month, about 24.7% of household income.
Is Severna Park, MD a good place to live?
Pluses: median household income 64% higher than the Maryland median; an average commute of 28 minutes; unemployment of 2.7%; a poverty rate of 2.8%. Minuses: home values 54% higher than the state median.
What is the median age in Severna Park?
The median age in Severna Park is 40.7 years (Maryland: 39.4).
How long is the commute in Severna Park?
The average commute to work in Severna Park is 28 minutes; 24.1% of workers work from home.
What is the unemployment rate in Severna Park?
The unemployment rate in Severna Park is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Severna Park?
58.6% of adults in Severna Park 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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