What percentage of people rent in Towson, MD?

44.4% (±2.2 points) of the occupied homes in Towson, MD are rented (2020–2024 American Community Survey).

That is 10,319 renting households against 12,943 that own their home.

In Towson, the share of households that rent went from 42.6% in 2015–2019 to 44.4% in 2020–2024 (+1.8 percentage points), not a measurable change.

Figures last updated on .

Households that rent
44.4% (±2.2 points)
Renting households
10,319 (±683)
Median renter income
$61,607 (±$6,796)

Who rents and who owns in Towson

Tenure, estimate (90% margin of error)
TowsonBaltimore CountyMarylandUnited States
Renter-occupied share44.4% (±2.2 points)33.6% (±0.7 points)32.4% (±0.3 points)34.8%
Renting households10,319 (±683)111,893 (±2,195)765,363 (±6,619)45,017,354
Owning households12,943 (±610)220,908 (±2,453)1,597,565 (±8,362)84,210,142
Average renter household size1.9 (±0.1)2.3 (±0.0)2.3 (±0.0)2.3
Average owner household size2.5 (±0.1)2.6 (±0.0)2.7 (±0.0)2.6
Median renter household income$61,607 (±$6,796)$59,087 (±$1,659)$62,703 (±$866)$52,966
Median owner household income$156,430 (±$7,648)$115,040 (±$1,731)$129,423 (±$883)$100,009

In Towson, the renter share is higher than in Baltimore County (33.6%).

It is also higher than in Maryland (32.4%).

It is higher than the national figure (34.8%).

In Baltimore County, Towson ranks 7 of 32 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 73 of 388.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Towson has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent42.6% (±1.3 points)44.4% (±2.2 points)+1.8 percentage pointsNot a measurable change
Median gross rent$1,438 (±$27)$1,764 (±$42)+22.7%No measurable change after inflation
Median household income$88,786 (±$3,500)$101,320 (±$6,307)+14.1%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Towson

Nearest places with a published estimate, compared with Towson
PlaceDistanceHouseholds that rentCompared with this place
Towson—44.4% (±2.2 points)—
Lutherville2.1 mi14.8% (±2.4 points)Lower
Hampton3.5 mi1.9% (±1.7 points)Lower
Parkville3.6 mi37.5% (±2.9 points)Lower
Timonium3.7 mi22.7% (±3.7 points)Lower
Mays Chapel4.0 mi18.9% (±5.4 points)Lower
Pikesville4.4 mi32.8% (±3.0 points)Lower
Carney5.1 mi40.0% (±3.5 points)Lower
Overlea5.7 mi24.7% (±4.5 points)Lower

Nearby places with a measurably lower figure: Lutherville, MD (14.8%), Hampton, MD (1.9%), Parkville, MD (37.5%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Baltimore County, place by place

RankPlaceHouseholds that rent
1Cockeysville64.2% (±2.7 points)
2Owings Mills54.7% (±4.0 points)
3Milford Mill53.6% (±3.7 points)
4Garrison49.4% (±7.6 points)
5Rossville48.9% (±5.1 points)
6Baltimore Highlands45.9% (±8.3 points)
7Towson44.4% (±2.2 points)
8Lansdowne43.0% (±10.0 points)
9Carney40.0% (±3.5 points)
10Essex38.7% (±3.5 points)
11Parkville37.5% (±2.9 points)
12Woodlawn (Baltimore County)37.1% (±2.9 points)
13Dundalk35.4% (±2.5 points)

Showing 13 of 32 places in Baltimore County, ranked from highest to lowest.

Towson is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Towson

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Questions about Towson

How many renters are there in Towson?

Towson has an estimated 10,319 (±683) renting households, 44.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Towson?

In Towson, the share of households that rent went from 42.6% in 2015–2019 to 44.4% in 2020–2024 (+1.8 percentage points), not a measurable change.

How big are renting households in Towson?

A renting household in Towson has 1.9 people on average, against 2.5 in an owned home.

How much do renters earn in Towson?

The median renting household in Towson, MD has an income of $61,607 (±$6,796) a year, against $156,430 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Towson CDP, Maryland (place:78425, in state:24).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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