A small city in Maryland, Lochearn has approximately 26,000 residents. It's a comfortable place to settle down, as retirees account for a greater percentage of the population (19%) here than they do nationally (14%). Renters tend to be in the minority in the area, and 70% of residents own their homes. Renting remains an affordable option, though, as the city boasts a relatively low average rent of $1,178 per month. Over the course of a year, renters in Lochearn will save around $2,000 compared to the state average.
Lochearn has a relatively large percentage of residents over the age of 25 who have earned a high school degree or GED (20%) compared to the state average. Additionally, 22% have earned a Bachelor's, Master's, Professional, or Doctoral degree. There are three primary industries in Lochearn: healthcare, public administration, and retail. Combined, these industries make up 21% of the city's workforce. Meanwhile, in terms of job function, many workers in these industries are in sales, as 9% of the city's population reports this as their field of work, the highest number of any field. With an average annual income of about $74K, Lochearn workers take home less than the average Maryland resident. However, the city's average income is just about on par with the national average ($73,345).
Lochearn residents have an average commute of about 33 minutes. Many residents (39%) commute to work by car or truck, while public transit is used by only 5% of the city. Walking isn't a common method of commuting to work.
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