Cost of Living in Woodmore, MD

Population 4,710 · Maryland · Data vintage 2023

217
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Woodmore sits 84% above the national median — $562,000 for the typical home — but median household incomes near $186,713 (150% above the US figure) soften the blow that similar pricing creates in lower-wage metros. At 7.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Woodmore sits roughly 13 miles east of Washington — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 22% lower than Washington's $725,000.

Cost Overview

Housing 184
Rent 266

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

About the Cost of Living in Woodmore

The median home value in Woodmore is $561,700 — 84% above the national median of $305,000. Median rent runs $3,501/month, 166% higher than the national median of $1,314/month. The median household income of $186,713/year is 150% higher than the US median of $74,580. The local unemployment rate is 7.3%, 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, Woodmore has a cost of living index of 217 versus the US average of 100, meaning it is 117% more expensive.

🏠 Housing

Median Home Value
$561,700
84% above avg
Median Rent
$3,501/mo
166% above avg
Price-to-Rent Ratio
13.4x
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 89.5%
Renter-occupied 10.5%

💰 Estimated Monthly Budget

Rent median rent
$3,501
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $4,115/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
42.7 min
58% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.0%

Commute Mode

Drove alone
62.3%
Carpooled
4.9%
Public transit
9.2%
Work from home
23.0%

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
$186,713
150% above avg
Per Capita Income
$89,848
Unemployment Rate
7.3%
51% above avg
Poverty Rate
6.5%
Labor Force Participation
71.5%

🎓 Education

Bachelor's degree+ 20.6%
Graduate degree 36.1%

👥 Demographics

Median Age 47.4
Male median age 47.6
Female median age 47

💨 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 Woodmore, MD?

Woodmore has a cost index of 217 (100 = national average). It is 117% above the national average.

What is average rent in Woodmore, MD?

The median gross rent in Woodmore is $3,501 per month based on 2023 Census data.

What is the average home price in Woodmore?

The median home value in Woodmore is $561,700 according to 2023 Census ACS data.

What is the median income in Woodmore?

The median household income in Woodmore is $186,713 per year (2023 ACS 5-year estimates).

What is the sales tax in Woodmore, MD?

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

Is Woodmore, MD affordable?

Woodmore is above average in cost of living, with an index of 217 — about 117% higher than the national average.

Woodmore at a Glance

Population
4,710
Median Income
$186,713
Home Value
$561,700
Median Rent
$3,501/mo
Unemployment
7.3%
Sales Tax
6.0%
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🗺️ County data for Maryland

Explore county-level cost of living data

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