Cost of Living in Edgemere, MD

Population 8,778 · Maryland · Data vintage 2023

110
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Edgemere is a smaller Maryland community of around 9000 residents, where median household incomes of $109,734 and housing costs ($352,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Located 10 miles southeast of Baltimore, Edgemere falls within that metro's commuting orbit. Median home values run roughly 61% higher than Baltimore's $219,000.

Cost Overview

Housing 115
Rent 102

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Edgemere

The median home value in Edgemere is $352,100 — 15% above the national median of $305,000. Median rent runs $1,336/month, 2% higher than the national median of $1,314/month. The median household income of $109,734/year is 47% higher than the US median of $74,580. The local unemployment rate is 3.8%, below the national average of 4.8%. Maryland's top state income tax rate is 5.8% and the combined sales tax is 6.0%. The climate averages highs of 67.2°F and lows of 51.1°F. Overall, Edgemere has a cost of living index of 110 versus the US average of 100, meaning it is 10% more expensive.

🏠 Housing

Median Home Value
$352,100
15% above avg
Zillow Home Value
$403,129
Zillow ZHVI
Median Rent
$1,336/mo
2% above avg
Price-to-Rent Ratio
22.0x
Favors renting
Property Tax Rate
1.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,407
1 BR
$1,604
2 BR
$1,898
3 BR
$2,407
4 BR
$2,822
Owner-occupied 86.8%
Renter-occupied 13.2%

💰 Estimated Monthly Budget

Rent median rent
$1,336
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,950/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
29.9 min
11% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.3%

Commute Mode

Drove alone
77.3%
Carpooled
6.9%
Public transit
0.8%
Walked
2.0%
Work from home
11.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.8%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.1%

💼 Income & Employment

Median Household Income
$109,734
47% above avg
Per Capita Income
$62,613
Unemployment Rate
3.8%
22% below avg
Poverty Rate
5.6%
Labor Force Participation
58.5%

🎓 Education

Bachelor's degree+ 16.1%
Graduate degree 9.7%

👥 Demographics

Median Age 44.5
Male median age 43.3
Female median age 45

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
67.2°F
Avg Low
51.1°F
Annual Precip
43.7"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 444755677685908780695848
Low °F 303239485868737165534335
Precip" 3.072.753.933.553.393.364.714.354.493.492.983.66

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 45 — Good
62.5%
Good air days/yr
205
Max AQI recorded
127
PM2.5 days
231
Ozone days

Frequently Asked Questions

What is the cost of living in Edgemere, MD?

Edgemere has a cost index of 110 (100 = national average). It is 10% above the national average.

What is average rent in Edgemere, MD?

The median gross rent in Edgemere is $1,336 per month based on 2023 Census data.

What is the average home price in Edgemere?

The median home value in Edgemere is $352,100 according to Zillow and Census data.

What is the median income in Edgemere?

The median household income in Edgemere is $109,734 per year (2023 ACS 5-year estimates).

What is the sales tax in Edgemere, MD?

The combined state and local sales tax rate in Edgemere is 6.0%. The Maryland state income tax top rate is 5.8%.

Is Edgemere, MD affordable?

Edgemere is near the national average in terms of cost of living, with an index of 110 (100 = US average).

What is the weather like in Edgemere?

Edgemere has average high temperatures of 67.2°F and average lows of 51.1°F. Annual precipitation is 43.7". Data from NOAA 1991–2020 Climate Normals.

Edgemere at a Glance

Population
8,778
Median Income
$109,734
Home Value
$352,100
Median Rent
$1,336/mo
Unemployment
3.8%
Avg High Temp
67.2°F
Sales Tax
6.0%
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Explore county-level cost of living data

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