Cost of Living in Jessup, MD
Population 9,147 · Maryland · Data vintage 2023
(100 = US avg)
Jessup is a smaller Maryland community of around 9000 residents, where median household incomes of $122,574 and housing costs ($437,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Located 6 miles southeast of Columbia, Jessup falls within that metro's commuting orbit. Median home values run roughly 9% lower than Columbia's $480,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Jessup
The median home value in Jessup is $437,300 — 43% above the national median of $305,000. Median rent runs $2,056/month, 56% higher than the national median of $1,314/month. The median household income of $122,574/year is 64% higher than the US median of $74,580. The local unemployment rate is 4.4%, 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, Jessup has a cost of living index of 149 versus the US average of 100, meaning it is 49% more expensive.
Jessup 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:
🏠 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 Jessup, MD?
Jessup has a cost index of 149 (100 = national average). It is 49% above the national average.
What is average rent in Jessup, MD?
The median gross rent in Jessup is $2,056 per month based on 2023 Census data.
What is the average home price in Jessup?
The median home value in Jessup is $437,300 according to Zillow and Census data.
What is the median income in Jessup?
The median household income in Jessup is $122,574 per year (2023 ACS 5-year estimates).
What is the sales tax in Jessup, MD?
The combined state and local sales tax rate in Jessup is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Jessup, MD affordable?
Jessup is above average in cost of living, with an index of 149 — about 49% higher than the national average.
Jessup at a Glance
- Population
- 9,147
- Median Income
- $122,574
- Home Value
- $437,300
- Median Rent
- $2,056/mo
- Unemployment
- 4.4%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
Similar Cost Cities
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