Last updated: 2024 BLS data · Page refreshed:
Severna Park has a population of 40,228 with a median age of 40.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 40,228 |
| Median Age | 40.7 |
| White | 86.6% |
| Black or African American | 4.0% |
| Asian | 2.6% |
| Hispanic or Latino | 3.3% |
| Other / Two or More Races | 3.5% |
The median household income in Severna Park is $169,953, which is 110.8% above the national median of $80,610. The per capita income is $69,378. The poverty rate is 2.8%.
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In Severna Park, 96.4% of residents age 25+ have a high school diploma or higher, and 58.6% hold a bachelor's degree or higher (28.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.4% |
| Bachelor's Degree or Higher | 58.6% |
| Graduate or Professional Degree | 28.4% |
The median home value in Severna Park is $647,200, above the national median of $303,400. The median monthly rent is $1,699. The homeownership rate is 90.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $647,200 |
| Median Monthly Rent | $1,699 |
| Homeownership Rate | 90.7% |
| Vacancy Rate | 4.0% |
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