Last updated: 2024 BLS data · Page refreshed:
Towson has a population of 58,679 with a median age of 33.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 58,679 |
| Median Age | 33.6 |
| White | 68.0% |
| Black or African American | 16.8% |
| Asian | 6.1% |
| Hispanic or Latino | 6.0% |
| Other / Two or More Races | 3.1% |
The median household income in Towson is $101,320, which is 25.7% above the national median of $80,610. The per capita income is $61,912. The poverty rate is 12.1%.
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In Towson, 96.3% of residents age 25+ have a high school diploma or higher, and 69.3% hold a bachelor's degree or higher (35.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.3% |
| Bachelor's Degree or Higher | 69.3% |
| Graduate or Professional Degree | 35.8% |
The median home value in Towson is $469,000, above the national median of $303,400. The median monthly rent is $1,764. The homeownership rate is 55.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $469,000 |
| Median Monthly Rent | $1,764 |
| Homeownership Rate | 55.6% |
| Vacancy Rate | 6.5% |
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