An elevated score in the commute category points to excellent public transit accessibility and shorter-than-average work commute times in this area.
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.
Peppermill Village, Maryland is a smaller city with a population of 4,861 residents. Peppermill Village has a population density of 6,486 people per square mile. This would be considered well above the national population density level. According to Census, the majority (84%) of Peppermill Village residents identify as Black or African American followed by 5% White and 2% Asian. Peppermill Village is very likely to be a great place to live for singles as only 40%, of the population (over fifteen) are classified as married. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Peppermill Village offers up a higher than average one way commute time of 36 minutes.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Peppermill Village could be a positive experience compared to other cities in Maryland if you know where to search. 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, health & safety, education, employment, you can easily compare the best places to live in Peppermill Village and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Peppermill Village to Maryland and the national average.
Peppermill Village has a livability score of 72 out of 100 and is ranked #125 in Maryland and #4,555 in the USA. If we consider each of the categories on their own, we see that Peppermill Village ranks well for crime (B-), employment (A) and housing (A+). There are some categories that Peppermill Village ranks poorly for, including: amenities (F) and cost of living (F). It might be worth taking a closer look to determine why.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Peppermill Village apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that Peppermill Village 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 Peppermill Village. Everything else becomes a lot less important if it turns out that home prices in Peppermill Village are simply unattainable. The median home price for Peppermill Village homes is $249,800, which is 14% lower than the Maryland average. If we take a closer look at the affordability of homes in Peppermill Village, we’ll see that the home price to income ratio is 3.5, which is 7.9% lower than the Maryland average.
Statistic | Peppermill Village | Maryland | National |
Average one way commute | 36min | 32min | 26min |
Workers who drive to work | 56.5% | 73.7% | 76.4% |
Workers who carpool | 13.2% | 9.3% | 9.3% |
Workers who take public transit | 24.0% | 8.9% | 5.1% |
Workers who bicycle | 0.6% | 0.3% | 0.6% |
Workers who walk | 1.4% | 2.4% | 2.8% |
Working from home | 3.2% | 4.4% | 4.6% |