Cost of Living in Melwood, MD

Population 3,734 · Maryland · Data vintage 2023

124
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Melwood sits on the smaller end of the Maryland city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 7.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 12 miles southeast of Washington, Melwood falls within that metro's commuting orbit. Median home values run roughly 41% lower than Washington's $725,000.

Cost Overview

Housing 141
Rent 97

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

About the Cost of Living in Melwood

The median home value in Melwood is $430,700 — 41% above the national median of $305,000. Median rent runs $1,277/month, 3% lower than the national median of $1,314/month. The median household income of $83,917/year is 13% higher than the US median of $74,580. The local unemployment rate is 7.3%, 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, Melwood has a cost of living index of 124 versus the US average of 100, meaning it is 24% more expensive.

🏠 Housing

Median Home Value
$430,700
41% above avg
Median Rent
$1,277/mo
3% below avg
Price-to-Rent Ratio
28.1x
Favors renting
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 82.3%
Renter-occupied 17.6%

💰 Estimated Monthly Budget

Rent median rent
$1,277
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,891/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 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
43.3 min
60% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.8%

Commute Mode

Drove alone
70.4%
Carpooled
9.5%
Public transit
0.5%
Walked
3.4%
Work from home
14.8%

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
$83,917
13% above avg
Per Capita Income
$47,305
Unemployment Rate
7.3%
52% above avg
Poverty Rate
11.2%
Labor Force Participation
58.8%

🎓 Education

Bachelor's degree+ 19.1%
Graduate degree 17.9%

👥 Demographics

Median Age 43
Male median age 42.7
Female median age 45.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
69.3%
Good air days/yr
192
Max AQI recorded
138
PM2.5 days
226
Ozone days

Frequently Asked Questions

What is the cost of living in Melwood, MD?

Melwood has a cost index of 124 (100 = national average). It is 24% above the national average.

What is average rent in Melwood, MD?

The median gross rent in Melwood is $1,277 per month based on 2023 Census data.

What is the average home price in Melwood?

The median home value in Melwood is $430,700 according to 2023 Census ACS data.

What is the median income in Melwood?

The median household income in Melwood is $83,917 per year (2023 ACS 5-year estimates).

What is the sales tax in Melwood, MD?

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

Is Melwood, MD affordable?

Melwood is above average in cost of living, with an index of 124 — about 24% higher than the national average.

Melwood at a Glance

Population
3,734
Median Income
$83,917
Home Value
$430,700
Median Rent
$1,277/mo
Unemployment
7.3%
Sales Tax
6.0%
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🗺️ County data for Maryland

Explore county-level cost of living data

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