Baltimore Stats

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Category: Housing

Howard is the 5th Best County in America to Live In

An estimated 11.2% of Americans changed residences last year. Some of these left their homes for a new city, or suburb, looking for a better job and quality of life. If they moved to one of several counties, they likely have found themselves surrounded by people living rich, healthy lives, relatively free from financial struggle. […]

Why Owning a Home is More Common in Baltimore

Fewer and fewer Americans have been buying homes over the last decade. Today, just 63.0% of Americans own their homes, the smallest share since 1965. In the Baltimore-Columbia-Towson metro area, 65.6% of residents own their homes, higher than the national homeownership rate, but the lowest of any metro area in Maryland. Young Americans are far […]

Maryland is America’s 8th Best State to Live In

Americans often evaluate their home states according to such subjective conditions as climate preference, the presence of friends and family, and personal history. In addition to these subjective measures, more objective socioeconomic factors also contribute to life satisfaction. It is such quantitative measures that can help assess the broader quality of life in a given […]

Baltimore No More Crowded Than the Average City

There are 5,436 people per square mile in the Baltimore-Columbia-Towson metro area, lower than the national population density of 6,321 Americans per square mile across all U.S. metro areas. Baltimore also has the highest population density of any Maryland metro area. Population density can have a meaningful impact on home prices in an area. There […]

Why Baltimore is One of the Most Expensive Housing Markets

A typical home in the Baltimore-Columbia-Towson metro area costs $290,300, roughly the same as in Maryland as a whole, where the typical home is worth $299,800. The price of a typical Baltimore home is, however, more than the national median home value of $194,500. Residents of areas with more expensive real estate also tend to […]

Baltimore is the 8th Most Segregated City in America

Of the 28.7 million black Americans living in the nation’s largest metropolitan areas, nearly one-quarter reside in segregated neighborhoods — where at least 80% of residents are black. People living in urban areas are even more likely to be isolated, with 44.4% living in homogeneous neighborhoods, where the vast majority of residents have the same […]

Baltimore is in the Best 20% of Cities for Single Mothers

Raising children on a single income is no easy feat, and single mothers in the United States struggle more than almost any other group of Americans. Still, some cities are easier for single mothers trying to make ends meet — and some cities are far worse. The costs of housing, food, childcare, and education give […]

Baltimore is the 6th Best City to Flip a Home

The U.S. housing market has been in steady recovery since the housing crisis, and increasing numbers of investors are trying their hand at home flipping: the purchase, renovation, and subsequent sale of a property in a relatively short period of time. While home flipping is costly and notoriously risky, a number of housing markets are […]

Maryland Has the 13th Highest Share of Urban Living

Since 1950, Americans have increasingly chosen to live in cities. Today, 81% live in urban areas, more than even before. Urban areas, however, make up just 3% of U.S. land area. The proportion of people living in urban areas varies considerably between states. 24/7 Wall St. reviewed data from the U.S. Census to determine the […]

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