Cost of Living in Peppermill Village, MD

Population 5,268 · Maryland · Data vintage 2023

101
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Peppermill Village 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 7.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 7 miles east of Washington, Peppermill Village falls within that metro's commuting orbit. Median home values run roughly 54% lower than Washington's $725,000.

Cost Overview

Housing 109
Rent 89

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

About the Cost of Living in Peppermill Village

The median home value in Peppermill Village is $331,400 — 9% above the national median of $305,000. Median rent runs $1,176/month, 11% lower than the national median of $1,314/month. The median household income of $89,375/year is 20% higher than the US median of $74,580. The local unemployment rate is 7.8%, 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, Peppermill Village has a cost of living index of 101 versus the US average of 100, meaning it is 1% more expensive.

🏠 Housing

Median Home Value
$331,400
9% above avg
Median Rent
$1,176/mo
11% below avg
Price-to-Rent Ratio
23.5x
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 82.1%
Renter-occupied 17.9%

💰 Estimated Monthly Budget

Rent median rent
$1,176
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,790/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
44.4 min
64% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.4%

Commute Mode

Drove alone
51.7%
Carpooled
16.8%
Public transit
14.8%
Walked
0.2%
Bicycle
1.2%
Work from home
8.4%

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
$89,375
20% above avg
Per Capita Income
$40,764
Unemployment Rate
7.8%
62% above avg
Poverty Rate
3.3%
Labor Force Participation
64.2%

🎓 Education

Bachelor's degree+ 12.9%
Graduate degree 10.8%

👥 Demographics

Median Age 40.5
Male median age 42.3
Female median age 39.8

💨 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 Peppermill Village, MD?

Peppermill Village has a cost index of 101 (100 = national average). It is 1% above the national average.

What is average rent in Peppermill Village, MD?

The median gross rent in Peppermill Village is $1,176 per month based on 2023 Census data.

What is the average home price in Peppermill Village?

The median home value in Peppermill Village is $331,400 according to 2023 Census ACS data.

What is the median income in Peppermill Village?

The median household income in Peppermill Village is $89,375 per year (2023 ACS 5-year estimates).

What is the sales tax in Peppermill Village, MD?

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

Is Peppermill Village, MD affordable?

Peppermill Village is near the national average in terms of cost of living, with an index of 101 (100 = US average).

Peppermill Village at a Glance

Population
5,268
Median Income
$89,375
Home Value
$331,400
Median Rent
$1,176/mo
Unemployment
7.8%
Sales Tax
6.0%
View all cities in Maryland →
🗺️ County data for Maryland

Explore county-level cost of living data

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