Fact text

  • Towson is the second-most populous unincorporated county seat in the entire United States, a big deal for a place that technically doesn't exist as its own city.
  • Back in 1790, the Hampton Mansion just north of Towson was completed as the largest private house in all of America.
  • Towson University started life in 1865 as Maryland's very first teacher-training school, eventually settling on its current name after a string of name changes, in 1997.
Your
Towson
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
Stat icon
57542
+
Total Population
Stat icon
$
90951
Median Income
Stat icon
$
367200
Median Home
Stat icon
17
%
Age 65+
Retirement Suitability
How
Towson
ranks for retirees?
42
/ 100

A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.

Tax
8
Affordability
43
Healthcare
67
Climate
55

Results

Towson

Suitability Breakdown

Retirement tax planning
01 - Taxes

Retirement Tax Treatment

Tax
8

Maryland does not tax Social Security benefits, though retirees should plan for state income tax on other retirement income sources.

State sales tax here runs about

%.

Source · Tax Foundation
8
Retirement tax planning
02 - Income

Annuity Rates Available Here

Affordability
43

Fixed annuity rates reach up to

7

% on 5-year terms, with most landing between

5

% and

5

%.

Source · Cannex
43
Retirement tax planning
03 - Healthcare

Hospital Access & Quality

Healthcare
67

The area has

5

Medicare-certified hospitals, averaging a

4

/5 CMS quality rating.

Source · CMS Hospital Compare
4
Retirement tax planning
04 - Climate

Weather & Comfort

Climate
55

A

Temperate

climate — summers peak near

82

°F, winters dip to about

26

°F, with roughly

″ of snow a year.

Source · NOAA Climate Normals
Temperate
Retirement tax planning
05 - Risk

Natural Disaster Risk

Risk
Relatively Moderate

FEMA's overall natural-disaster risk rating for this county on the National Risk Index.

Source · FEMA National Risk Index
Relatively Moderate

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