Employment
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Ratings
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Cost Of Living
The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.
Located in the state of Maryland, Eldersburg is a mid-sized city with a population of 30,550 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (88% White). Given that fact, Eldersburg could be considered less diverse than other cities. Something to be aware of when living in Eldersburg are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 38 minutes, this comes in much higher than the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a good experience if you are willing to get to know the town before actually living in Eldersburg, Maryland. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Finding the best places to live in Eldersburg and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, commute, health & safety, housing and other important metrics.
The livability score in Eldersburg is 74/100 and the city is ranked in the 88th percentile of all cities across America. If we dig a little deeper into each category within the livability score, we see that Eldersburg has higher than average grades for the following: amenities (B), crime (B-), education (B-) and housing (A+). Unfortunately for Eldersburg, there are some categories for which it does not score well, this includes: cost of living (F).
The mantra of real estate, "location, location, location," underscores the importance of where a property is situated, making it a pivotal factor in your quest for a new home. Fortunately, when you're living in Eldersburg, you'll discover an abundance of exceptional local amenities and lots of things to do. Among these are conveniently located grocery stores, charming coffee shops, diverse dining options and plenty of spacious parks. These local amenities contribute significantly to its overall appeal, ensuring that your daily needs are met and offering ample opportunities for leisure and recreation. When considering your next move, the thriving local scene in Eldersburg undoubtedly enhances its desirability, affirming the significance of its prime location.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Eldersburg, the unemployment rate stands at 1.83%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Eldersburg excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Eldersburg meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Eldersburg. Everything else becomes a lot less important if it turns out that home prices in Eldersburg are simply unattainable. The median home price for Eldersburg homes is $391,600, which is 34.8% higher than the Maryland average. If we take a closer look at the affordability of homes in Eldersburg, we’ll see that the home price to income ratio is 3.1, which is 18.4% lower than the Maryland average.
| Statistic | Eldersburg | Maryland | National |
| Average one way commute | 38min | 32min | 26min |
| Workers who drive to work | 83.5% | 73.7% | 76.4% |
| Workers who carpool | 4.6% | 9.3% | 9.3% |
| Workers who take public transit | 0.8% | 8.9% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.6% | 2.4% | 2.8% |
| Working from home | 10.3% | 4.4% | 4.6% |
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