Cost of Living in McSherrystown, PA

Population 3,094 · Pennsylvania · Data vintage 2023

79
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

McSherrystown offers a notably favorable income-to-housing ratio for its region. The typical home — $188,000 — costs less than 2.7 times median household income of $70,890, a threshold many coastal markets passed a decade ago. Around 23% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Geographically, McSherrystown is about 40 miles northwest of Baltimore, the nearest large metro. Median home values run roughly 14% lower than Baltimore's $219,000.

Cost Overview

Housing 62
Rent 104

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

About the Cost of Living in McSherrystown

The median home value in McSherrystown is $188,200 — 38% below the national median of $305,000. Median rent runs $1,365/month, 4% higher than the national median of $1,314/month. The median household income of $70,890/year is 5% lower than the US median of $74,580. The local unemployment rate is 10.2%, above the national average of 4.8%. Pennsylvania's top state income tax rate is 3.1% and the combined sales tax is 6.3%. Overall, McSherrystown has a cost of living index of 79 versus the US average of 100, meaning it is 21% less expensive.

🏠 Housing

Median Home Value
$188,200
38% below avg
Zillow Home Value
$343,022
Zillow ZHVI
Median Rent
$1,365/mo
4% above avg
Price-to-Rent Ratio
11.5x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$779
1 BR
$871
2 BR
$1,065
3 BR
$1,337
4 BR
$1,547
Owner-occupied 51.0%
Renter-occupied 49.0%

💰 Estimated Monthly Budget

Rent median rent
$1,365
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,979/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
24.3 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
1.5%

Commute Mode

Drove alone
91.1%
Carpooled
6.5%
Walked
0.1%
Work from home
1.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 3.1%
Total Sales Tax 6.3%
State rate 6.0%
Avg local rate 0.3%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$70,890
5% below avg
Per Capita Income
$29,495
Unemployment Rate
10.2%
112% above avg
Poverty Rate
23.1%
Labor Force Participation
69.0%

🎓 Education

Bachelor's degree+ 11.8%
Graduate degree 3.2%

👥 Demographics

Median Age 33.5
Male median age 35.3
Female median age 30.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 50 — Good
51.5%
Good air days/yr
241
Max AQI recorded
190
PM2.5 days
175
Ozone days

Frequently Asked Questions

What is the cost of living in McSherrystown, PA?

McSherrystown has a cost index of 79 (100 = national average). It is 21% below the national average.

What is average rent in McSherrystown, PA?

The median gross rent in McSherrystown is $1,365 per month based on 2023 Census data.

What is the average home price in McSherrystown?

The median home value in McSherrystown is $188,200 according to Zillow and Census data.

What is the median income in McSherrystown?

The median household income in McSherrystown is $70,890 per year (2023 ACS 5-year estimates).

What is the sales tax in McSherrystown, PA?

The combined state and local sales tax rate in McSherrystown is 6.3%. The Pennsylvania state income tax top rate is 3.1%.

Is McSherrystown, PA affordable?

Yes, McSherrystown is generally considered affordable, with a cost of living index of 79 — about 21% below the US national average of 100.

McSherrystown at a Glance

Population
3,094
Median Income
$70,890
Home Value
$188,200
Median Rent
$1,365/mo
Unemployment
10.2%
Sales Tax
6.3%
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Explore county-level cost of living data

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