Cost of Living in Overlea, MD
Population 12,430 · Maryland · Data vintage 2023
(100 = US avg)
Overlea 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. Unemployment has stayed elevated relative to the national figure — 6.0% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Located 7 miles northeast of Baltimore, Overlea falls within that metro's commuting orbit. Median home values run roughly 14% higher than Baltimore's $219,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Overlea
The median home value in Overlea is $249,500 — 18% below the national median of $305,000. Median rent runs $1,315/month, equal to than the national median of $1,314/month. The median household income of $86,296/year is 16% 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, Overlea has a cost of living index of 89 versus the US average of 100, meaning it is 11% 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 Overlea, MD?
Overlea has a cost index of 89 (100 = national average). It is 11% below the national average.
What is average rent in Overlea, MD?
The median gross rent in Overlea is $1,315 per month based on 2023 Census data.
What is the average home price in Overlea?
The median home value in Overlea is $249,500 according to 2023 Census ACS data.
What is the median income in Overlea?
The median household income in Overlea is $86,296 per year (2023 ACS 5-year estimates).
What is the sales tax in Overlea, MD?
The combined state and local sales tax rate in Overlea is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Overlea, MD affordable?
Yes, Overlea is generally considered affordable, with a cost of living index of 89 — about 11% below the US national average of 100.
Overlea at a Glance
- Population
- 12,430
- Median Income
- $86,296
- Home Value
- $249,500
- Median Rent
- $1,315/mo
- Unemployment
- 6.0%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
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