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.
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
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.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
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.
Pikesville is a moderately-sized city located in the state of Maryland. The city has a population of 32,871 inhabitants. The majority of Pikesville residents report their race to be White; this is followed by Black and Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Pikesville is the right fit for you, your one way commute time will average 27 minutes, which is about average when compared to the national commute time of 26 minutes.
Living in Pikesville can be a good experience for anyone relocating to the area. Having said that, in the state of Maryland, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in Pikesville and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, commute, education, you will see a detailed breakdown of the most important information as well as comparisons to the Maryland and national averages.
With a livability score of 68 out of 100, Pikesville is ranked #8,192 in the United States and #193 in Maryland. For each of the livability categories, we see that Pikesville ranks very well for employment (A+) and housing (A-). On a more negative note, Pikesville does not have favorable scores for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Pikesville has an unemployment rate of 2.73% 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.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Pikesville market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Pikesville is actually affordable. Median real estate prices in Pikesville come in at $331,700, which is 14.2% higher than the Maryland average. The home price to income ratio compares the median home prices to the median household income. In Pikesville, the home price to income ratio is 3.9, which is 2.6% higher than the Maryland average.
Statistic | Pikesville | Maryland | National |
Average one way commute | 27min | 32min | 26min |
Workers who drive to work | 75.5% | 73.7% | 76.4% |
Workers who carpool | 8.4% | 9.3% | 9.3% |
Workers who take public transit | 3.5% | 8.9% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 0.9% | 2.4% | 2.8% |
Working from home | 11.2% | 4.4% | 4.6% |