Real Estate details: Newark OH vs Severn MD
RE Insights
| Metric | Newark | Severn |
|---|---|---|
| Population | 50,763 | 56,438 |
| Median Home Price | $176,250 | $441,000 |
| Rent | 45% | 27% |
| Own | 55% | 73% |
Real Estate Insights Comparison: Newark vs Severn
- The population in Severn is greater at 56,438 compared to 50,763 in Newark.
- The median home price in Severn is higher at $441,000 compared to $176,250 in Newark.
- Rent in Newark is higher at 45% compared to 27% in Severn.
- More homeowners can be found in Severn at 73% compared to 55% in Newark.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.