Cost of Living in Lochearn, MD
Population 27,591 · Maryland · Data vintage 2023
(100 = US avg)
The Lochearn cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $265,000, rents near $1,433 a month.
Located 7 miles west of Baltimore, Lochearn falls within that metro's commuting orbit. Median home values run roughly 21% higher than Baltimore's $219,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lochearn
The median home value in Lochearn is $265,200 — 13% below the national median of $305,000. Median rent runs $1,433/month, 9% higher than the national median of $1,314/month. The median household income of $76,256/year is 2% higher than the US median of $74,580. The local unemployment rate is 6.0%, above 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, Lochearn has a cost of living index of 96 versus the US average of 100, meaning it is 4% less 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 Lochearn, MD?
Lochearn has a cost index of 96 (100 = national average). It is 4% below the national average.
What is average rent in Lochearn, MD?
The median gross rent in Lochearn is $1,433 per month based on 2023 Census data.
What is the average home price in Lochearn?
The median home value in Lochearn is $265,200 according to Zillow and Census data.
What is the median income in Lochearn?
The median household income in Lochearn is $76,256 per year (2023 ACS 5-year estimates).
What is the sales tax in Lochearn, MD?
The combined state and local sales tax rate in Lochearn is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Lochearn, MD affordable?
Lochearn is near the national average in terms of cost of living, with an index of 96 (100 = US average).
Lochearn at a Glance
- Population
- 27,591
- Median Income
- $76,256
- Home Value
- $265,200
- Median Rent
- $1,433/mo
- Unemployment
- 6.0%
- Sales Tax
- 6.0%
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Maryland Rankings
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