Cost of Living in Silver Hill, MD
Population 5,068 · Maryland · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Silver Hill a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $284,000.
Located 6 miles southeast of Washington, Silver Hill falls within that metro's commuting orbit. Median home values run roughly 61% lower than Washington's $725,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Silver Hill
The median home value in Silver Hill is $283,900 — 7% below the national median of $305,000. Median rent runs $1,569/month, 19% higher than the national median of $1,314/month. The median household income of $61,566/year is 17% lower than the US median of $74,580. The local unemployment rate is 4.0%, below 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, Silver Hill has a cost of living index of 104 versus the US average of 100, meaning it is 4% more expensive.
Silver Hill has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 Silver Hill, MD?
Silver Hill has a cost index of 104 (100 = national average). It is 4% above the national average.
What is average rent in Silver Hill, MD?
The median gross rent in Silver Hill is $1,569 per month based on 2023 Census data.
What is the average home price in Silver Hill?
The median home value in Silver Hill is $283,900 according to 2023 Census ACS data.
What is the median income in Silver Hill?
The median household income in Silver Hill is $61,566 per year (2023 ACS 5-year estimates).
What is the sales tax in Silver Hill, MD?
The combined state and local sales tax rate in Silver Hill is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Silver Hill, MD affordable?
Silver Hill is near the national average in terms of cost of living, with an index of 104 (100 = US average).
Silver Hill at a Glance
- Population
- 5,068
- Median Income
- $61,566
- Home Value
- $283,900
- Median Rent
- $1,569/mo
- Unemployment
- 4.0%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
Similar Cost Cities
Cities in other states with comparable housing costs