Cost of Living in Honeygo, MD
Population 12,022 · Maryland · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Honeygo a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $464,000. An unemployment rate of 2.6% points to a labor market well on the tight side of the national distribution.
Geographically, Honeygo sits roughly 12 miles northeast of Baltimore. Median home values run roughly 111% higher than Baltimore's $219,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Honeygo
The median home value in Honeygo is $463,500 — 52% above the national median of $305,000. Median rent runs $1,224/month, 7% lower than the national median of $1,314/month. The median household income of $144,156/year is 93% higher than the US median of $74,580. The local unemployment rate is 2.6%, 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, Honeygo has a cost of living index of 128 versus the US average of 100, meaning it is 28% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Honeygo, MD?
Honeygo has a cost index of 128 (100 = national average). It is 28% above the national average.
What is average rent in Honeygo, MD?
The median gross rent in Honeygo is $1,224 per month based on 2023 Census data.
What is the average home price in Honeygo?
The median home value in Honeygo is $463,500 according to 2023 Census ACS data.
What is the median income in Honeygo?
The median household income in Honeygo is $144,156 per year (2023 ACS 5-year estimates).
What is the sales tax in Honeygo, MD?
The combined state and local sales tax rate in Honeygo is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Honeygo, MD affordable?
Honeygo is above average in cost of living, with an index of 128 — about 28% higher than the national average.
Honeygo at a Glance
- Population
- 12,022
- Median Income
- $144,156
- Home Value
- $463,500
- Median Rent
- $1,224/mo
- Unemployment
- 2.6%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
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