COLD

Cost of Living in Golden Beach, MD

Population 3,953 · Maryland · Data vintage 2023

123
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Golden Beach a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $376,000. An unemployment rate of 2.2% points to a labor market well on the tight side of the national distribution.

Golden Beach is about 30 miles southeast of Alexandria, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 46% lower than Alexandria's $697,000.

Cost Overview

Housing 123

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

About the Cost of Living in Golden Beach

The median home value in Golden Beach is $376,200 — 23% above the national median of $305,000. The median household income of $140,313/year is 88% higher than the US median of $74,580. The local unemployment rate is 2.2%, 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%. Overall, Golden Beach has a cost of living index of 123 versus the US average of 100, meaning it is 23% more expensive.

📍

Golden Beach has limited residential data

Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:

Waldorf, MD
Median home: $383,100
Rent: $1,949/mo
Income: $115,453
La Plata, MD
Median home: $405,200
Rent: $1,483/mo
Income: $121,707
Brandywine, MD
Median home: $543,000
Income: $158,258
California, MD
Median home: $337,900
Rent: $1,805/mo
Income: $112,717
Bensville, MD
Median home: $475,800
Rent: $2,680/mo
Income: $161,568

🏠 Housing

Median Home Value
$376,200
23% above avg
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 97.5%
Renter-occupied 2.5%

🛒 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
50.3 min
86% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.5%

Commute Mode

Drove alone
73.1%
Carpooled
8.2%
Public transit
1.2%
Work from home
17.5%

⚡ 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
$140,313
88% above avg
Per Capita Income
$44,548
Unemployment Rate
2.2%
54% below avg
Poverty Rate
2.3%
Labor Force Participation
75.3%

🎓 Education

Bachelor's degree+ 14.2%
Graduate degree 18.6%

👥 Demographics

Median Age 34.7
Male median age 35.6
Female median age 33.8

Frequently Asked Questions

What is the cost of living in Golden Beach, MD?

Golden Beach has a cost index of 123 (100 = national average). It is 23% above the national average.

What is the average home price in Golden Beach?

The median home value in Golden Beach is $376,200 according to 2023 Census ACS data.

What is the median income in Golden Beach?

The median household income in Golden Beach is $140,313 per year (2023 ACS 5-year estimates).

What is the sales tax in Golden Beach, MD?

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

Is Golden Beach, MD affordable?

Golden Beach is above average in cost of living, with an index of 123 — about 23% higher than the national average.

Golden Beach at a Glance

Population
3,953
Median Income
$140,313
Home Value
$376,200
Unemployment
2.2%
Sales Tax
6.0%
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