Towson, MD Profile: Facts & Data

The Towson CDP⁽¹⁾ had a population of 59,869 as of July 1, 2024. Towson ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Maryland. See peer rankings below.

The primary coordinate point for Towson is located at latitude 39.4015 and longitude -76.6019 in Baltimore County. The formal boundaries for the Towson Census Designated Place encompass a land area of 14.15 sq. miles and a water area of 0.14 sq. miles. Baltimore County is in the Eastern time zone (GMT -5).

The Towson Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Towson Census Designated Place is located within District 9, a minor civil division (MCD) of Baltimore County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Towson, MD Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	59,869 (100%)
Population in Households	51,077 (85.3%)
Population in Families	36,704 (61.3%)
Population in Group Quarters¹	8,792 (14.7%)
Population Density	4,230
Diversity Index²	58


INCOME
Median Household Income	$100,639
Average Household Income	$148,926
% of Income for Mortgage⁴	30%
Per Capita Income	$57,280
Wealth Index⁵	141
Socioeconomic Status Index⁶	Moderate (58.4)

HOUSING
Total HU (Housing Units)	25,242 (100%)
Owner Occupied HU	13,040 (51.7%)
Renter Occupied HU	9,781 (38.7%)
Vacant Housing Units	2,421 ( 9.6%)
Median Home Value	$473,446
Average Home Value	$544,250
Housing Affordability Index³	82

HOUSEHOLDS
Total Households	22,821
Average Household Size	2.24
Family Households	12,284
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Towson, MD - Peer Comparisons by Rank and Percentile

The table below compares Towson to the other 536 incorporated cities, towns and CDPs in Maryland by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.12%	0.14%
Households	0.36%	0.42%
Families		0.20%
Median Household Income		1.70%
Per Capita Income		2.58%
Owner Occupied HU		0.98%

Variable Description	Rank	Percentile
Total Population	# 13	98th
Population Density	# 85	84th
Median Household Income	# 244	55th
Housing Affordability Index	# 224	42nd
Per Capita Income	# 174	68th
Diversity Index	# 184	66th

Towson, MD Profile: Facts & Data

Towson, Maryland - Basic Facts

Towson, MD Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Towson, MD - Peer Comparisons by Rank and Percentile

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