Dundalk, Maryland
Dundalk, Maryland has seen a boom in real estate activity since the coronavirus pandemic began. The city, located about 30 minutes south of Baltimore, was recently ranked the seventh-best place to live in the U.S. The coronavirus pandemic has forced a lot of people to reconsider where they’d like to live. The cost of living in some cities has soared while rents have dropped in others. For example, according to the most recent report from the real estate website Trulia, the median rent in New York City has dropped to $1,300 a month, down from $2,600. In contrast, the median rent in Chicago has jumped from $1,500 a month to $3,100.
So, while a large portion of the country is adjusting to a new normal of working from home and limiting discretionary spending, many people who have been considering relocating are now looking for places to settle down. In fact, according to the National Association of Realtors, the number of inquiries about homes has increased by 25% in the past two months.
But with so much uncertainty, it can be difficult to determine which city is best for families. Dundalk, md is a great place to settle down, with so many things to do in Dundalk, MD, its no surprise its a popular place to settle down.
Dundalk, Maryland; The best place to live
Dundalk is the eighth-largest city in Maryland and is located about 30 minutes south of Baltimore. The city is home to more than 55,000 residents, making it the largest community in Harford County.
Dundalk was named after John Dundalk, a Scottish immigrant who founded the town in 1783. Today, Dundalk boasts a diverse economy, with a mix of businesses from the service sector to manufacturing.
While it’s only an hour and a half drive to Baltimore, the city is still an affordable option for families, thanks to a low cost of living and strong schools. In fact,
Dundalk is the top-ranked place in Maryland and No. 20 in the entire nation for the best education.
According to the U.S. Census Bureau, the median household income in Dundalk is $86,836, which is $10,000 higher than the national average. In addition, the city’s poverty rate of 5.7% is lower than the national average of 8.6%.
And, because the city is located on the Patapsco River, it’s also a great place to enjoy a day in the sun.