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Retirement community in Timonium, Maryland

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Timonium, Maryland Retirement Guide

35

Retirement Score

Timonium, Maryland at a Glance

Median Home Price
$470,400
State Income Tax
State income tax; Social Security exempt; pension exclusion available for qualifying retirees.
Avg January Low
28.9°F
Cost of Living Index
104.9 (US avg = 100)
Best For
N/A
RetireCityIQ Score
35 / 100

Retirement Data

Affordability

Cost of Living Index
104.9 (U.S. avg = 100)High confidence
BEA Regional Price Parities · Updated May 2026
Median Home Price
$470,400High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Monthly Rent
$1,540High confidence
U.S. Census ACS 5-Year · Updated June 2026

Taxes

Retirement Tax Score
45 / 100High confidence
Tax Foundation · Updated June 2026
Tax Details
State income tax; Social Security exempt; pension exclusion available for qualifying retirees.High confidence
Tax Foundation · Updated June 2026

Retiree Readiness (Sprint 2)

Care Access Score (proxy)
0 / 100High confidence
RetireCityIQ proxy model · Updated June 2026
Aging-in-Place Score (proxy)
37.4 / 100High confidence
RetireCityIQ proxy model · Updated June 2026

Healthcare

Healthcare Access Score
0 / 100High confidence

Climate

Avg July High
86.3°FHigh confidence
Avg January Low
28.9°FHigh confidence
Annual Precipitation
57"High confidence
Sunny Days / Year
288 daysHigh confidence

Safety

Safety Score
86.2 / 100High confidence
FBI Crime Data Explorer · Updated June 2026

Walkability

Walk Score (proxy)
5.1 / 100High confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026
Transit Score (proxy)
3.9 / 100High confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026

Demographics

Population
10,793High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Age
49.0High confidence
U.S. Census ACS 5-Year · Updated June 2026
Age 65+
23.9%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Median Household Income
$130,811High confidence
U.S. Census ACS 5-Year · Updated June 2026

Community Profile

Owner-Occupied Housing
80.2%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Veterans
5.1%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Bachelor's Degree+
63.2%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Poverty Rate
3.4%High confidence
U.S. Census ACS 5-Year · Updated June 2026

Diversity

White
81.6%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Black
4.8%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Hispanic/Latino
3.0%High confidence
U.S. Census ACS 5-Year · Updated June 2026
Asian
8.8%High confidence
U.S. Census ACS 5-Year · Updated June 2026

10-Year Housing Stress Test (Estimate)

Estimate monthly homeowner carrying cost in Timonium using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.

Estimated monthly carrying cost

$1,019

Stress-case monthly carrying cost

$1,145

Median home price used: $470,400

Median rent reference: $1,540 / month

Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.

Local Professionals

Financial Advisors

HERGENROEDER FINANCIAL ADVISORS, INC.

Financial Advisor

L. K. BENSON & COMPANY, P.C.

Financial Advisor

THE L. WARNER COMPANIES, INC

Financial Advisor

+56 more financial advisors available

Interested in Timonium? Talk to a Local Expert.

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