Fairwood 65 Good
Fairwood Livability #236 ranked city in Maryland#11,476 ranked city in the USARanks better than 60% of areas

Pros and Cons of Living in Fairwood

PROS
  • Crime

    The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.

  • 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.

  • 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.

CONS
  • Amenities

    A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.

  • 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.

  • Health & Safety

    A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.

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What's it like Living in Fairwood?

Located in the state of Maryland, Fairwood is a smaller city with a population of 6,780 residents. With a total of 82%, the Black or African American racial group makes up the majority of the population in Fairwood. The next most represented races are 9% Asian and 7% White. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Fairwood entails a longer-than-average one-way commute time, averaging 41 minutes.

Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Fairwood could be a positive experience compared to other cities in Maryland if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like cost of living, commute, education, you can easily compare the best places to live in Fairwood and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Fairwood to Maryland and the national average.

With a livability score of 65/100, Fairwood is ranked #10,895 in the United States and #236 in Maryland. Based on the rankings for each individual category, Fairwood has received high marks for crime (A+) and housing (A+). Regrettably for Fairwood, there are some categories for which it does not rank well, this includes: amenities (F) and cost of living (F).

Unemployment rates can range pretty dramatically from one city to another. Knowing that Fairwood has an unemployment rate of 2.23% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Fairwood has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Fairwood. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Fairwood are affordable. The median home price for Fairwood homes is $579,600, which is 99.6% higher than the Maryland average. If we take a closer look at the affordability of homes in Fairwood, we’ll see that the home price to income ratio is 3.4, which is 10.5% lower than the Maryland average.

Best Places to Live in and Around Fairwood

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How Do You Rate The Livability In Fairwood?

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Compare Fairwood, MD Livability

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      Fairwood transportation information

      Statistic Fairwood Maryland National
      Average one way commute41min32min26min
      Workers who drive to work66.3%73.7%76.4%
      Workers who carpool6.5%9.3%9.3%
      Workers who take public transit10.9%8.9%5.1%
      Workers who bicycle0.0%0.3%0.6%
      Workers who walk0.8%2.4%2.8%
      Working from home14.7%4.4%4.6%
      Source: The Fairwood, MD data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).