Interesting facts
For instance, Maryland homeowners think their values fell last year. The typical value residents gave was about $341,000, down 5 percent ($19,000) from the year before. (As the Census Bureau points out, "Value is the respondent's estimate of how much the property ... would sell for if it were for sale." It's not necessarily what it would sell for.)
On the other hand, we're still No. 1! For income, that is. The median household in Maryland was bringing in about $70,500 last year, just topping New Jersey (almost $70,400). What? The difference is within the margin of error, you say? Shh, the New Jersey folks might be listening!
And finally, there's not a lot of living near your work going on. Maryland, Brent Jones reports in a story about the American Community Survey, "had the second longest commute time in the nation at 31.5 minutes, just behind New York with 31.6." I'm disappointed in you all. If only you'd taken a measly seven seconds longer on the daily commute last year, we'd be No. 1 on this measure, too. Come on, guys. Try harder next time.
Categories: Housing stats, We're No. 1! (Or thereabouts)




