Living in Timonium, Maryland
Cost of living, income, home prices, rent and demographics of Timonium · Census data 2020–2024
Timonium has 10,304 residents with a median age of 46.8. The median household income is $119,863 (16% higher than the Maryland median), the median home value is $480,800, the median rent is $1,836/month.
Timonium at a glance
- Population
- 10,304
- Median age
- 46.8State: 39.4
- Median household income
- $119,863State: $103,678
- Median home value
- $480,800State: $419,900
- Median rent
- $1,836/moState: $1,705
- Homeowners
- 77.3%
- Bachelor's degree or higher
- 65%
- Average commute
- 26 min
Is Timonium a good place to live?
Pros: Median household income 16% higher than the Maryland median; an average commute of 26 minutes; unemployment of 4.1%; a poverty rate of 5.8%.
Cons: Home values 15% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Timonium
Housing is the biggest part of the cost of living. In Timonium the median home value is $480,800, 45% higher than the U.S. median. Renters pay a median of $1,836 per month, which is 32.1% of household income. Homeowners with a mortgage pay $2,542 a month in housing costs.
Timonium median household income
The median household income in Timonium is $119,863 and the income per person is $61,232. 5.8% of residents live below the poverty line (Maryland: 9.4%).
Housing in Timonium: homes for sale and rent
- Housing units
- 4,136
- Owner-occupied
- 77.3%
- Renter-occupied
- 22.7%
- Vacant
- 6%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.51
Timonium demographics
- Population
- 10,304
- Median age
- 46.8
- Under 18
- 20.5%
- 65 and older
- 24.3%
- Households
- 3,889
- Foreign-born
- 11.9%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Timonium ›
Education in Timonium
65% of adults 25 and older in Timonium have a bachelor's degree or higher (Maryland: 43.4%), and 31.5% have a graduate or professional degree.
Jobs and commute in Timonium
- Unemployment rate
- 4.1%State: 4.9%
- Average commute
- 26 minState: 31 min
- Work from home
- 27.2%
- Drive alone
- 63.4%
- Public transit
- 0.6%
- Walk to work
- 0.7%
- Homes with broadband
- 91.6%
Timonium vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Timonium | 10,304 | $119,863 | $480,800 | $1,836 |
| Lutherville | 6,574 | $113,563 | $443,900 | $1,423 |
| Hampton | 5,372 | $170,688 | $615,300 | — |
| Cockeysville | 23,962 | $77,680 | $419,900 | $1,603 |
| Mays Chapel | 16,066 | $126,996 | $464,800 | $1,739 |
| Towson | 58,679 | $101,320 | $469,000 | $1,764 |
| Parkville | 30,549 | $79,178 | $260,400 | $1,526 |
| Carney | 28,343 | $83,620 | $319,700 | $1,793 |
| Pikesville | 33,524 | $98,465 | $434,500 | $1,707 |
More for people moving to Timonium
Timonium ZIP code ›Weather and climate ›Living in Timonium: FAQ
What is the median household income in Timonium, MD?
The median household income in Timonium is $119,863, 16% 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 Timonium?
The median home value in Timonium is $480,800, compared with $419,900 in Maryland.
How much is rent in Timonium?
The median gross rent in Timonium is $1,836 per month, about 32.1% of household income.
Is Timonium, MD a good place to live?
Pluses: median household income 16% higher than the Maryland median; an average commute of 26 minutes; unemployment of 4.1%; a poverty rate of 5.8%. Minuses: home values 15% higher than the state median.
What is the median age in Timonium?
The median age in Timonium is 46.8 years (Maryland: 39.4).
How long is the commute in Timonium?
The average commute to work in Timonium is 26 minutes; 27.2% of workers work from home.
What is the unemployment rate in Timonium?
The unemployment rate in Timonium is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Timonium?
65% of adults in Timonium 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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