Cost of Living in Lexington Park, MD
Population 13,419 · Maryland · Data vintage 2023
(100 = US avg)
Lexington Park is a smaller Maryland community of around 13000 residents, where median household incomes of $89,167 and housing costs ($295,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Located 50 miles southeast of Alexandria, Lexington Park is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 58% lower than Alexandria's $697,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lexington Park
The median home value in Lexington Park is $294,500 — 3% below the national median of $305,000. Median rent runs $1,693/month, 29% higher than the national median of $1,314/month. The median household income of $89,167/year is 20% higher than the US median of $74,580. The local unemployment rate is 4.1%, 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, Lexington Park has a cost of living index of 109 versus the US average of 100, meaning it is 9% 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
Frequently Asked Questions
What is the cost of living in Lexington Park, MD?
Lexington Park has a cost index of 109 (100 = national average). It is 9% above the national average.
What is average rent in Lexington Park, MD?
The median gross rent in Lexington Park is $1,693 per month based on 2023 Census data.
What is the average home price in Lexington Park?
The median home value in Lexington Park is $294,500 according to Zillow and Census data.
What is the median income in Lexington Park?
The median household income in Lexington Park is $89,167 per year (2023 ACS 5-year estimates).
What is the sales tax in Lexington Park, MD?
The combined state and local sales tax rate in Lexington Park is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Lexington Park, MD affordable?
Lexington Park is near the national average in terms of cost of living, with an index of 109 (100 = US average).
Lexington Park at a Glance
- Population
- 13,419
- Median Income
- $89,167
- Home Value
- $294,500
- Median Rent
- $1,693/mo
- Unemployment
- 4.1%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
Similar Cost Cities
Cities in other states with comparable housing costs