The median household income in Towson, MD in 2022 was $96,604, which was about the same as the median annual income of $94,991 across the entire state of Maryland. Compared to the median income of $53,775 in 2000 this represents an increase of 44.3%. The per capita income in 2022 was $57,910, which means an increase of 43.9% compared to 2000 when it was $32,502.
Whole page based on the data from 2000 / 2022 when the population of Towson, Maryland was 51,793 / 57,307
Income statistics for all residents
Median household income in Towson, MD in 2022:
Towson:
$96,604
State:
$94,991
Change in median household income between 2000 and 2022:
Towson, Maryland:
+79.6%
State:
+79.7%
Number of households with income < $10k:
Towson:
10.1% (2,331)
Maryland:
4.8% (114,450)
Number of households with income $10k - 20k:
Towson:
4.3% (1,000)
State:
5.0% (117,883)
Number of households with income $20k - 30k:
Towson:
4.5% (1,043)
Maryland:
5.2% (123,350)
Number of households with income $30k - 40k:
Towson:
4.3% (1,006)
State:
5.6% (134,104)
Number of households with income $40k - 50k:
Towson:
3.7% (854)
Maryland:
5.6% (132,932)
Number of households with income $50k - 60k:
Towson:
3.9% (905)
State:
5.6% (132,707)
Number of households with income $60k - 75k:
Towson:
7.2% (1,677)
Maryland:
7.9% (188,335)
Number of households with income $75k - 100k:
Towson:
13.8% (3,202)
State:
12.5% (297,873)
Number of households with income $100k - 125k:
Towson:
8.0% (1,846)
Maryland:
10.5% (250,497)
Number of households with income $125k - 150k:
Towson:
7.8% (1,803)
Maryland:
8.1% (193,208)
Number of households with income $150k - 200k:
Towson:
11.5% (2,650)
Maryland:
11.6% (274,905)
Number of households with income > $200k:
Towson:
20.9% (4,826)
Maryland:
17.5% (415,740)
Aggregate household income in Towson in 2022: $3,223,060,231
Median family income in Towson in 2022:
Towson:
$147,228
Maryland:
$117,294
Number of families with income < $10k:
Towson:
1.9% (230)
State:
2.7% (41,433)
Number of families with income $10k - 20k:
Towson:
2.1% (252)
Maryland:
2.6% (40,126)
Number of families with income $20k - 30k:
Towson:
0.7% (89)
Maryland:
3.4% (52,891)
Number of families with income $30k - 40k:
Towson:
1.6% (188)
Maryland:
4.5% (70,252)
Number of families with income $40k - 50k:
Towson:
2.7% (320)
Maryland:
4.8% (74,112)
Number of families with income $50k - 60k:
Towson:
4.3% (513)
State:
5.0% (77,590)
Number of families with income $60k - 75k:
Towson:
3.8% (455)
State:
7.1% (109,924)
Number of families with income $75k - 100k:
Towson:
13.8% (1,653)
State:
12.0% (185,255)
Number of families with income $100k - 125k:
Towson:
9.6% (1,147)
Maryland:
11.2% (173,203)
Number of families with income $125k - 150k:
Towson:
10.6% (1,271)
Maryland:
9.3% (143,453)
Number of families with income $150k - 200k:
Towson:
14.5% (1,736)
Maryland:
14.2% (218,861)
Number of families with income > $200k:
Towson:
34.2% (4,091)
State:
23.2% (359,182)
Median non-family income in Towson in 2022:
Towson:
$59,306
Maryland:
$57,179
Change in median non-family income between 2000 and 2022:
Towson, Maryland:
+85.7%
Maryland:
+75.1%
Median per capita income in Towson in 2022:
Towson:
$57,911
Maryland:
$49,236
Change in median per capita income between 2000 and 2022:
Towson, Maryland:
+78.2%
Maryland:
+92.2%
Income statistics for White residents
Median household income in Towson, MD in 2022:
Towson:
$101,283
State:
$107,160
Change in median household income between 2000 and 2022:
Towson, Maryland:
+82.5%
State:
+85.3%
Number of households with income < $10k:
Towson:
8.7% (1,412)
State:
3.7% (47,387)
Number of households with income $10k - 20k:
Towson:
3.8% (617)
Maryland:
4.1% (52,102)
Number of households with income $20k - 30k:
Towson:
5.5% (903)
Maryland:
4.6% (58,758)
Number of households with income $30k - 40k:
Towson:
5.1% (838)
Maryland:
4.7% (59,745)
Number of households with income $40k - 50k:
Towson:
2.7% (436)
State:
5.0% (62,576)
Number of households with income $50k - 60k:
Towson:
3.2% (519)
State:
5.1% (64,484)
Number of households with income $60k - 75k:
Towson:
6.9% (1,117)
Maryland:
7.7% (97,019)
Number of households with income $75k - 100k:
Towson:
13.6% (2,223)
State:
11.8% (149,205)
Number of households with income $100k - 125k:
Towson:
8.1% (1,327)
Maryland:
10.6% (134,231)
Number of households with income $125k - 150k:
Towson:
7.0% (1,141)
State:
8.8% (111,081)
Number of households with income $150k - 200k:
Towson:
12.6% (2,059)
Maryland:
12.9% (162,966)
Number of households with income > $200k:
Towson:
22.8% (3,709)
State:
20.9% (264,377)
Aggregate household income in Towson in 2022: $2,447,926,172
Median family income in Towson in 2022:
Towson:
$158,559
State:
$134,708
Number of families with income < $10k:
Towson:
1.2% (106)
Maryland:
1.6% (13,064)
Number of families with income $10k - 20k:
Towson:
1.8% (151)
State:
2.0% (16,048)
Number of families with income $20k - 30k:
Towson:
0.5% (41)
Maryland:
2.2% (18,018)
Number of families with income $30k - 40k:
Towson:
1.3% (114)
Maryland:
3.3% (26,886)
Number of families with income $40k - 50k:
Towson:
1.5% (131)
State:
3.6% (29,194)
Number of families with income $50k - 60k:
Towson:
1.9% (164)
Maryland:
4.1% (33,120)
Number of families with income $60k - 75k:
Towson:
3.5% (298)
Maryland:
6.6% (53,501)
Number of families with income $75k - 100k:
Towson:
14.5% (1,236)
State:
11.3% (91,779)
Number of families with income $100k - 125k:
Towson:
9.7% (827)
State:
11.3% (91,483)
Number of families with income $125k - 150k:
Towson:
9.8% (841)
State:
9.9% (80,832)
Number of families with income $150k - 200k:
Towson:
16.9% (1,441)
State:
16.0% (130,295)
Number of families with income > $200k:
Towson:
37.3% (3,186)
State:
28.1% (228,324)
Median non-family income in Towson in 2022:
Towson:
$55,190
State:
$61,991
Change in median non-family income between 2000 and 2022:
Towson, Maryland:
+68.5%
State:
+76.8%
Median per capita income in Towson in 2022:
Towson:
$64,547
State:
$59,750
Change in median per capita income between 2000 and 2022:
Towson, Maryland:
+87.1%
State:
+104.5%
Income statistics for Black or African American residents
Median household income in Towson, MD in 2022:
Towson:
$77,438
State:
$77,368
Change in median household income between 2000 and 2022:
Towson, Maryland:
+85.3%
State:
+85.7%
Number of households with income < $10k:
Towson:
14.2% (498)
Maryland:
7.0% (50,093)
Number of households with income $10k - 20k:
Towson:
5.8% (204)
State:
7.2% (51,849)
Number of households with income $20k - 30k:
Towson:
1.5% (54)
State:
5.8% (41,510)
Number of households with income $30k - 40k:
Towson:
2.8% (97)
Maryland:
6.9% (49,466)
Number of households with income $40k - 50k:
Towson:
10.6% (373)
State:
6.6% (47,557)
Number of households with income $50k - 60k:
Towson:
4.5% (158)
State:
6.2% (44,818)
Number of households with income $60k - 75k:
Towson:
9.4% (330)
State:
8.6% (61,728)
Number of households with income $75k - 100k:
Towson:
18.3% (645)
Maryland:
13.2% (95,107)
Number of households with income $100k - 125k:
Towson:
5.4% (191)
State:
10.2% (73,579)
Number of households with income $125k - 150k:
Towson:
11.2% (393)
State:
7.2% (51,970)
Number of households with income $150k - 200k:
Towson:
8.3% (293)
State:
9.4% (67,623)
Number of households with income > $200k:
Towson:
8.0% (280)
Maryland:
11.7% (83,862)
Aggregate household income in Towson in 2022: $324,820,960
Median family income in Towson in 2022:
Towson:
$95,859
Maryland:
$96,241
Number of families with income < $10k:
Towson:
3.9% (58)
State:
4.5% (19,574)
Number of families with income $10k - 20k:
Towson:
1.7% (25)
Maryland:
3.8% (16,604)
Number of families with income $20k - 30k:
Towson:
0.8% (12)
State:
4.3% (18,629)
Number of families with income $30k - 40k:
Towson:
4.9% (72)
State:
6.1% (26,770)
Number of families with income $40k - 50k:
Towson:
13.3% (195)
Maryland:
6.2% (27,138)
Number of families with income $50k - 60k:
Towson:
10.9% (160)
Maryland:
5.9% (25,636)
Number of families with income $60k - 75k:
Towson:
2.5% (37)
Maryland:
8.0% (35,163)
Number of families with income $75k - 100k:
Towson:
18.4% (270)
State:
12.8% (55,976)
Number of families with income $100k - 125k:
Towson:
8.6% (126)
State:
11.4% (49,778)
Number of families with income $125k - 150k:
Towson:
12.7% (187)
State:
8.8% (38,547)
Number of families with income $150k - 200k:
Towson:
10.2% (151)
State:
11.8% (51,381)
Number of families with income > $200k:
Towson:
12.0% (176)
Maryland:
16.5% (71,997)
Median non-family income in Towson in 2022:
Towson:
$61,822
State:
$49,944
Change in median non-family income between 2000 and 2022:
Towson, Maryland:
+148.9%
State:
+71.8%
Median per capita income in Towson in 2022:
Towson:
$39,069
Maryland:
$40,756
Change in median per capita income between 2000 and 2022:
Towson, Maryland:
+120.4%
Maryland:
+113.5%
Income statistics for Asian residents
Median household income in Towson, MD in 2022:
Towson:
$110,727
State:
$117,771
Change in median household income between 2000 and 2022:
Towson, Maryland:
+124.2%
State:
+97.6%
Number of households with income < $10k:
Towson:
6.6% (78)
Maryland:
4.6% (6,395)
Number of households with income $10k - 20k:
Towson:
0.7% (8)
State:
3.6% (4,994)
Number of households with income $20k - 30k:
Towson:
0.8% (9)
State:
4.6% (6,399)
Number of households with income $30k - 40k:
Towson:
2.7% (32)
State:
3.4% (4,682)
Number of households with income $40k - 50k:
Towson:
4.2% (49)
State:
4.6% (6,382)
Number of households with income $50k - 60k:
Towson:
13.2% (155)
State:
4.6% (6,402)
Number of households with income $60k - 75k:
Towson:
6.4% (75)
Maryland:
5.4% (7,426)
Number of households with income $75k - 100k:
Towson:
9.8% (115)
State:
11.1% (15,313)
Number of households with income $100k - 125k:
Towson:
16.1% (189)
Maryland:
10.6% (14,640)
Number of households with income $125k - 150k:
Towson:
10.0% (117)
State:
8.3% (11,465)
Number of households with income $150k - 200k:
Towson:
12.4% (145)
Maryland:
13.4% (18,490)
Number of households with income > $200k:
Towson:
17.1% (201)
State:
25.6% (35,377)
Aggregate household income in Towson in 2022: $137,610,653
Median family income in Towson in 2022:
Towson:
$118,053
State:
$137,857
Number of families with income $10k - 20k:
Towson:
1.2% (9)
State:
2.4% (2,535)
Number of families with income $20k - 30k:
Towson:
1.7% (14)
State:
3.3% (3,499)
Number of families with income $40k - 50k:
Towson:
1.7% (14)
State:
4.1% (4,351)
Number of families with income $50k - 60k:
Towson:
17.0% (137)
Maryland:
4.4% (4,709)
Number of families with income $60k - 75k:
Towson:
1.8% (15)
State:
4.5% (4,749)
Number of families with income $75k - 100k:
Towson:
8.5% (68)
State:
10.9% (11,658)
Number of families with income $100k - 125k:
Towson:
23.7% (190)
Maryland:
10.6% (11,243)
Number of families with income $125k - 150k:
Towson:
14.5% (117)
State:
9.2% (9,834)
Number of families with income $150k - 200k:
Towson:
10.2% (82)
Maryland:
15.2% (16,182)
Number of families with income > $200k:
Towson:
19.7% (159)
State:
30.3% (32,297)
Median non-family income in Towson in 2022:
Towson:
$58,707
State:
$62,510
Median per capita income in Towson in 2022:
Towson:
$48,707
State:
$53,546
Change in median per capita income between 2000 and 2022:
Towson, Maryland:
+109.4%
State:
+122.9%
Income statistics for Hispanic or Latino residents
Median household income in Towson, MD in 2022:
Towson:
$100,648
Maryland:
$82,138
Number of households with income < $10k:
Towson:
6.2% (54)
State:
3.7% (6,871)
Number of households with income $10k - 20k:
Towson:
7.6% (66)
State:
2.9% (5,465)
Number of households with income $20k - 30k:
Towson:
1.9% (17)
State:
5.9% (11,012)
Number of households with income $30k - 40k:
Towson:
3.2% (28)
State:
7.9% (14,668)
Number of households with income $40k - 50k:
Towson:
3.0% (26)
Maryland:
7.6% (14,074)
Number of households with income $50k - 60k:
Towson:
0.8% (7)
Maryland:
7.6% (14,166)
Number of households with income $60k - 75k:
Towson:
22.9% (200)
Maryland:
9.9% (18,486)
Number of households with income $75k - 100k:
Towson:
1.8% (16)
Maryland:
16.1% (30,032)
Number of households with income $100k - 125k:
Towson:
5.9% (52)
Maryland:
9.4% (17,432)
Number of households with income $125k - 150k:
Towson:
7.6% (66)
Maryland:
7.5% (13,963)
Number of households with income $150k - 200k:
Towson:
8.1% (71)
State:
10.1% (18,750)
Number of households with income > $200k:
Towson:
31.0% (271)
State:
11.4% (21,133)
Aggregate household income in Towson in 2022: $168,766,794
Median family income in Towson in 2022:
Towson:
$156,395
State:
$80,127
Number of families with income $10k - 20k:
Towson:
4.2% (20)
State:
2.2% (3,250)
Number of families with income $30k - 40k:
Towson:
1.8% (8)
State:
7.6% (11,123)
Number of families with income $50k - 60k:
Towson:
1.6% (8)
Maryland:
8.5% (12,561)
Number of families with income $60k - 75k:
Towson:
16.8% (81)
State:
10.2% (15,051)
Number of families with income $75k - 100k:
Towson:
7.1% (34)
State:
14.6% (21,440)
Number of families with income $100k - 125k:
Towson:
5.5% (26)
State:
9.6% (14,146)
Number of families with income $125k - 150k:
Towson:
8.3% (40)
State:
6.9% (10,202)
Number of families with income $150k - 200k:
Towson:
7.7% (37)
State:
10.7% (15,752)
Number of families with income > $200k:
Towson:
47.0% (226)
State:
11.6% (17,028)
Median non-family income in Towson in 2022:
Towson:
$59,092
State:
$55,347
Change in median non-family income between 2000 and 2022:
Towson, Maryland:
+50.7%
State:
+61.9%
Median per capita income in Towson in 2022:
Towson:
$47,485
Maryland:
$29,024
Change in median per capita income between 2000 and 2022:
Towson, Maryland:
+133.3%
State:
+79.2%
Income statistics for American Indian and Alaska Native residents
Median household income in Towson, MD in 2022:
Towson:
$112,442
State:
$71,440
Number of households with income < $10k:
Towson:
0.0% (0)
Maryland:
4.6% (360)
Number of households with income $10k - 20k:
Towson:
0.0% (0)
State:
8.1% (632)
Number of households with income $20k - 30k:
Towson:
29.4% (25)
State:
5.8% (454)
Number of households with income $30k - 40k:
Towson:
0.0% (0)
State:
6.7% (522)
Number of households with income $40k - 50k:
Towson:
0.0% (0)
Maryland:
12.9% (1,010)
Number of households with income $50k - 60k:
Towson:
0.0% (0)
State:
7.0% (546)
Number of households with income $60k - 75k:
Towson:
0.0% (0)
State:
8.1% (635)
Number of households with income $75k - 100k:
Towson:
0.0% (0)
State:
7.0% (551)
Number of households with income $100k - 125k:
Towson:
0.0% (0)
Maryland:
9.0% (702)
Number of households with income $125k - 150k:
Towson:
25.9% (22)
State:
6.9% (541)
Number of households with income $150k - 200k:
Towson:
0.0% (0)
Maryland:
12.4% (972)
Number of households with income > $200k:
Towson:
44.7% (38)
State:
11.7% (916)
Aggregate household income in Towson in 2022: $15,514,860
Median family income in Towson in 2022:
Towson:
$167,759
Maryland:
$83,298
Number of families with income $125k - 150k:
Towson:
23.3% (11)
Maryland:
7.2% (404)
Number of families with income > $200k:
Towson:
76.7% (36)
State:
12.2% (684)
Median per capita income in Towson in 2022:
Towson:
$71,821
State:
$35,089
Change in median per capita income between 2000 and 2022:
Towson, Maryland:
+24.4%
State:
+56.2%
Income statistics for Multirace residents
Median household income in Towson, MD in 2022:
Towson:
$95,161
State:
$99,027
Change in median household income between 2000 and 2022:
Towson, Maryland:
+77.0%
State:
+111.4%
Number of households with income < $10k:
Towson:
8.5% (140)
State:
4.8% (6,469)
Number of households with income $10k - 20k:
Towson:
11.5% (190)
State:
3.3% (4,464)
Number of households with income $20k - 30k:
Towson:
4.3% (71)
Maryland:
5.8% (7,826)
Number of households with income $30k - 40k:
Towson:
2.2% (36)
State:
8.1% (11,077)
Number of households with income $40k - 50k:
Towson:
2.1% (34)
Maryland:
4.3% (5,895)
Number of households with income $50k - 60k:
Towson:
3.9% (65)
Maryland:
3.9% (5,346)
Number of households with income $60k - 75k:
Towson:
7.5% (124)
State:
6.7% (9,159)
Number of households with income $75k - 100k:
Towson:
9.7% (160)
State:
13.6% (18,420)
Number of households with income $100k - 125k:
Towson:
9.6% (158)
State:
12.9% (17,488)
Number of households with income $125k - 150k:
Towson:
8.3% (138)
Maryland:
8.1% (11,039)
Number of households with income $150k - 200k:
Towson:
7.9% (130)
Maryland:
11.5% (15,675)
Number of households with income > $200k:
Towson:
24.7% (408)
State:
17.0% (23,059)
Aggregate household income in Towson in 2022: $253,038,117
Median family income in Towson in 2022:
Towson:
$124,719
State:
$110,784
Number of families with income < $10k:
Towson:
3.9% (34)
Maryland:
3.1% (2,937)
Number of families with income $10k - 20k:
Towson:
6.2% (54)
State:
2.2% (2,090)
Number of families with income $20k - 30k:
Towson:
1.7% (14)
Maryland:
4.2% (4,034)
Number of families with income $30k - 40k:
Towson:
0.2% (2)
Maryland:
7.8% (7,382)
Number of families with income $40k - 50k:
Towson:
0.2% (2)
State:
3.6% (3,426)
Number of families with income $50k - 60k:
Towson:
7.6% (66)
Maryland:
4.2% (3,995)
Number of families with income $60k - 75k:
Towson:
10.3% (90)
State:
6.5% (6,128)
Number of families with income $75k - 100k:
Towson:
8.5% (74)
Maryland:
11.7% (11,110)
Number of families with income $100k - 125k:
Towson:
3.9% (34)
State:
13.2% (12,548)
Number of families with income $125k - 150k:
Towson:
11.7% (102)
State:
9.0% (8,509)
Number of families with income $150k - 200k:
Towson:
4.8% (41)
State:
13.6% (12,921)
Number of families with income > $200k:
Towson:
41.0% (357)
Maryland:
20.9% (19,875)
Median non-family income in Towson in 2022:
Towson:
$72,804
State:
$60,702
Change in median non-family income between 2000 and 2022:
Towson, Maryland:
+83.6%
State:
+98.2%
Median per capita income in Towson in 2022:
Towson:
$47,860
Maryland:
$35,630
Income statistics for other residents
Median household income in Towson, MD in 2022:
Towson:
$106,001
State:
$72,980
Number of households with income < $10k:
Towson:
10.4% (14)
State:
3.4% (3,746)
Number of households with income $10k - 20k:
Towson:
2.2% (3)
State:
3.5% (3,842)
Number of households with income $20k - 30k:
Towson:
11.1% (15)
State:
7.6% (8,343)
Number of households with income $30k - 40k:
Towson:
0.0% (0)
State:
7.5% (8,251)
Number of households with income $40k - 50k:
Towson:
0.0% (0)
State:
8.6% (9,414)
Number of households with income $50k - 60k:
Towson:
0.0% (0)
Maryland:
10.0% (11,048)
Number of households with income $60k - 75k:
Towson:
25.9% (35)
State:
11.2% (12,339)
Number of households with income $75k - 100k:
Towson:
0.0% (0)
Maryland:
17.5% (19,277)
Number of households with income $100k - 125k:
Towson:
9.6% (13)
Maryland:
8.9% (9,813)
Number of households with income $125k - 150k:
Towson:
14.1% (19)
Maryland:
6.3% (6,907)
Number of households with income $150k - 200k:
Towson:
0.0% (0)
State:
8.2% (9,023)
Number of households with income > $200k:
Towson:
26.7% (36)
Maryland:
7.3% (8,036)
Aggregate household income in Towson in 2022: $17,865,712
Median family income in Towson in 2022:
Towson:
$136,616
Maryland:
$69,179
Number of families with income $60k - 75k:
Towson:
20.6% (17)
Maryland:
11.0% (9,850)
Number of families with income $75k - 100k:
Towson:
14.9% (12)
Maryland:
15.9% (14,199)
Number of families with income $100k - 125k:
Towson:
5.1% (4)
State:
8.6% (7,698)
Number of families with income $125k - 150k:
Towson:
15.0% (12)
State:
6.0% (5,327)
Number of families with income > $200k:
Towson:
44.4% (37)
Maryland:
6.7% (6,005)
Median per capita income in Towson in 2022:
Towson:
$41,872
State:
$24,415
Discuss Towson, Maryland (MD) on our hugely popular Maryland forum.
