Real Estate details: Severn MD vs Elgin IL
RE Insights
| Metric | Severn | Elgin |
|---|---|---|
| Population | 56,438 | 113,177 |
| Median Home Price | $441,000 | $292,000 |
| Rent | 27% | 29% |
| Own | 73% | 71% |
Real Estate Insights Comparison: Severn vs Elgin
- The population in Elgin is greater at 113,177 compared to 56,438 in Severn.
- A higher median home price of $441,000 is found in Severn compared to $292,000 in Elgin.
- The rent percentage in Elgin is higher at 29% compared to 27% in Severn.
- A greater percentage of homeowners in Severn at 73% compared to 71% in Elgin.
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.