Cost of Living in New Carrollton, MD

Population 13,544 · Maryland · Data vintage 2023

128
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives New Carrollton a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $378,000. Unemployment has stayed elevated relative to the national figure — 10.6% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 9 miles northeast of Washington, New Carrollton falls within that metro's commuting orbit. Median home values run roughly 48% lower than Washington's $725,000.

Cost Overview

Housing 124
Rent 133

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

About the Cost of Living in New Carrollton

The median home value in New Carrollton is $378,300 — 24% above the national median of $305,000. Median rent runs $1,745/month, 33% higher than the national median of $1,314/month. The median household income of $80,292/year is 8% higher than the US median of $74,580. The local unemployment rate is 10.6%, 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, New Carrollton has a cost of living index of 128 versus the US average of 100, meaning it is 28% more expensive.

🏠 Housing

Median Home Value
$378,300
24% above avg
Zillow Home Value
$393,135
Zillow ZHVI
Median Rent
$1,745/mo
33% above avg
Zillow Rent
$1,669/mo
Zillow ZORI
Price-to-Rent Ratio
18.1x
Favors buying
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 51.3%
Renter-occupied 48.7%

💰 Estimated Monthly Budget

Rent median rent
$1,745
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,359/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
35.4 min
31% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.4%

Commute Mode

Drove alone
71.9%
Carpooled
10.0%
Public transit
6.0%
Walked
1.2%
Work from home
9.4%

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
$80,292
8% above avg
Per Capita Income
$31,913
Unemployment Rate
10.6%
120% above avg
Poverty Rate
5.9%
Labor Force Participation
71.9%

🎓 Education

Bachelor's degree+ 20.3%
Graduate degree 8.1%

👥 Demographics

Median Age 34.1
Male median age 34.1
Female median age 34.1

💨 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 New Carrollton, MD?

New Carrollton has a cost index of 128 (100 = national average). It is 28% above the national average.

What is average rent in New Carrollton, MD?

The median gross rent in New Carrollton is $1,745 per month based on 2023 Census data.

What is the average home price in New Carrollton?

The median home value in New Carrollton is $378,300 according to Zillow and Census data.

What is the median income in New Carrollton?

The median household income in New Carrollton is $80,292 per year (2023 ACS 5-year estimates).

What is the sales tax in New Carrollton, MD?

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

Is New Carrollton, MD affordable?

New Carrollton is above average in cost of living, with an index of 128 — about 28% higher than the national average.