Last updated: 2024 BLS data · Page refreshed:
Severance has a population of 10,130 with a median age of 32.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 10,130 |
| Median Age | 32.4 |
| White | 73.7% |
| Black or African American | 0.6% |
| Asian | 1.4% |
| Hispanic or Latino | 20.4% |
| Other / Two or More Races | 3.9% |
The median household income in Severance is $124,572, which is 54.5% above the national median of $80,610. The per capita income is $44,605. The poverty rate is 5.2%.
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In Severance, 97.1% of residents age 25+ have a high school diploma or higher, and 47.7% hold a bachelor's degree or higher (16.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.1% |
| Bachelor's Degree or Higher | 47.7% |
| Graduate or Professional Degree | 16.6% |
The median home value in Severance is $528,500, above the national median of $303,400. The median monthly rent is $2,569. The homeownership rate is 91.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $528,500 |
| Median Monthly Rent | $2,569 |
| Homeownership Rate | 91.6% |
| Vacancy Rate | 1.5% |
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