Cost of living
Eldersburg, Maryland
(Eldersburg is Located in Carroll County)
Cost of living in Eldersburg, Maryland
Cost of living
compared to USA
the highest
Cost of living
compared to Maryland
high
Median household
income
the highest
Is it expensive to live in Eldersburg, Maryland? When calculating the cost of living in Eldersburg, Maryland we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in Eldersburg, Maryland is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Maryland, while median household income in Eldersburg is $125,981 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Maryland.
Taxes in Eldersburg, Maryland
The sales tax rate in Eldersburg, Maryland is 6.0%. Last year, the average property taxes paid was 1.0% Eldersburg, Maryland.
Here is the table with the State Income Taxes in the state of Maryland:
State Income Tax Brackets:
| Income Brackets(single): | Income Brackets(Married): | Maryland Income Tax Rate |
|---|---|---|
| $0 - $1,000 | $0 - $1,000 | 2.0% |
| $1,000 - $2,000 | $1,000 - $2,000 | 3.0% |
| $2,000 - $3,000 | $2,000 - $3,000 | 4.0% |
| $3,000 - $100,000 | $3,000 - $150,000 | 4.8% |
| $100,000 - $125,000 | $150,000 - $175,000 | 5.0% |
| $125,000 - $150,000 | $175,000 - $225,000 | 5.3% |
| $150,000 - $250,000 | $225,000 - $300,000 | 5.5% |
| >= $250,000 | >= $300,000 | 5.8% |
Housing costs in Eldersburg, Maryland
The average cost of
a single-family home
compated to USA
the highest
The average cost of
a single-family home
compated to Maryland
the highest
In Eldersburg, Maryland, 88.0% of the population owns their homes, while approximately 12.0% rent. The average cost of a single-family home in Eldersburg, Maryland in 2023 is $475,710 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Maryland. The average one-bedroom apartment cost is approximately $1,253 per month.
| Rental Size | Monthly Cost | Compared to Maryland |
|---|---|---|
| 1 Bedroom | $1,253 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $1,545 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $2,004 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $2,296 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Utility Expenses for Occupied Housing Units per Month
Electric Bill
Gas Bill
Water and Sewer Bill
Expenses for Other House Heating Fuels
Mortgage status:
Housing units with a mortgage, contract to purchase, or similar debt 75%
Housing units without a mortgage 25%
Housing units without a mortgage 25%
Housing units with a mortgage, contract to purchase, or similar debt 75%
Housing units with multiple mortgages 18%
Housing units with no second mortgage and no home equity loan 81%
Home equity loan without a primary mortgage 1%
Mortgage, with only second mortgage 8%
Mortgage, with only home equity loan 91%
Mortgage with both second mortgage and home equity loan 1%
Gross rent as a percentage of household income in the past 12 months (dollars):
Year Structure Built
The dynamics of changes in housing prices
Cities Near Eldersburg, MD
Get detailed information on cities nearest to Eldersburg, MD
Sykesville, MD
Location data:
Fast internet (fixed lines)
Plenty of parks
Variety of playgrounds for kids
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