Cost of Living in Walkersville, MD

Population 6,352 · Maryland · Data vintage 2023

129
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Walkersville is a smaller Maryland community of around 6000 residents, where median household incomes of $137,218 and housing costs ($442,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 1.3% points to a labor market well on the tight side of the national distribution.

Located 35 miles northwest of Columbia, Walkersville falls within that metro's commuting orbit. Median home values run roughly 8% lower than Columbia's $480,000.

Cost Overview

Housing 145
Rent 106

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

About the Cost of Living in Walkersville

The median home value in Walkersville is $442,300 — 45% above the national median of $305,000. Median rent runs $1,390/month, 6% higher than the national median of $1,314/month. The median household income of $137,218/year is 84% higher than the US median of $74,580. The local unemployment rate is 1.3%, 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, Walkersville has a cost of living index of 129 versus the US average of 100, meaning it is 29% more expensive.

🏠 Housing

Median Home Value
$442,300
45% above avg
Zillow Home Value
$460,944
Zillow ZHVI
Median Rent
$1,390/mo
6% above avg
Zillow Rent
$1,995/mo
Zillow ZORI
Price-to-Rent Ratio
26.5x
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 86.8%
Renter-occupied 13.2%

💰 Estimated Monthly Budget

Rent median rent
$1,390
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,004/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
39.7 min
47% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.0%

Commute Mode

Drove alone
75.9%
Carpooled
5.4%
Public transit
1.5%
Walked
1.2%
Work from home
16.0%

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
$137,218
84% above avg
Per Capita Income
$57,556
Unemployment Rate
1.3%
73% below avg
Poverty Rate
2.3%
Labor Force Participation
70.7%

🎓 Education

Bachelor's degree+ 25.5%
Graduate degree 19.3%

👥 Demographics

Median Age 43.1
Male median age 44.3
Female median age 42.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
72%
Good air days/yr
136
Max AQI recorded
0
PM2.5 days
232
Ozone days

Frequently Asked Questions

What is the cost of living in Walkersville, MD?

Walkersville has a cost index of 129 (100 = national average). It is 29% above the national average.

What is average rent in Walkersville, MD?

The median gross rent in Walkersville is $1,390 per month based on 2023 Census data.

What is the average home price in Walkersville?

The median home value in Walkersville is $442,300 according to Zillow and Census data.

What is the median income in Walkersville?

The median household income in Walkersville is $137,218 per year (2023 ACS 5-year estimates).

What is the sales tax in Walkersville, MD?

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

Is Walkersville, MD affordable?

Walkersville is above average in cost of living, with an index of 129 — about 29% higher than the national average.

Walkersville at a Glance

Population
6,352
Median Income
$137,218
Home Value
$442,300
Median Rent
$1,390/mo
Unemployment
1.3%
Sales Tax
6.0%
View all cities in Maryland →
🗺️ County data for Maryland

Explore county-level cost of living data

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