Cost of Living in Parkville, PA

Population 8,354 · Pennsylvania · Data vintage 2023

77
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Parkville can reasonably expect a home to cost less than three years of household income — $207,000 against $74,509 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.

Located 40 miles northwest of Baltimore, Parkville falls within that metro's commuting orbit. Housing prices track closely with Baltimore's $219,000 median.

Cost Overview

Housing 68
Rent 90

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

About the Cost of Living in Parkville

The median home value in Parkville is $207,100 — 32% below the national median of $305,000. Median rent runs $1,181/month, 10% lower than the national median of $1,314/month. The median household income of $74,509/year is equal to than the US median of $74,580. The local unemployment rate is 5.0%, 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, Parkville has a cost of living index of 77 versus the US average of 100, meaning it is 23% less expensive.

🏠 Housing

Median Home Value
$207,100
32% below avg
Median Rent
$1,181/mo
10% below avg
Price-to-Rent Ratio
14.6x
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 71.6%
Renter-occupied 28.4%

💰 Estimated Monthly Budget

Rent median rent
$1,181
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,795/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
29.8 min
10% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.6%

Commute Mode

Drove alone
86.8%
Carpooled
5.2%
Public transit
0.3%
Bicycle
0.4%
Work from home
6.6%

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
$74,509
0% below avg
Per Capita Income
$35,526
Unemployment Rate
5.0%
4% above avg
Poverty Rate
14.4%
Labor Force Participation
65.1%

🎓 Education

Bachelor's degree+ 12.2%
Graduate degree 4.5%

👥 Demographics

Median Age 36.2
Male median age 33.4
Female median age 39.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
55.6%
Good air days/yr
256
Max AQI recorded
208
PM2.5 days
147
Ozone days

Frequently Asked Questions

What is the cost of living in Parkville, PA?

Parkville has a cost index of 77 (100 = national average). It is 23% below the national average.

What is average rent in Parkville, PA?

The median gross rent in Parkville is $1,181 per month based on 2023 Census data.

What is the average home price in Parkville?

The median home value in Parkville is $207,100 according to 2023 Census ACS data.

What is the median income in Parkville?

The median household income in Parkville is $74,509 per year (2023 ACS 5-year estimates).

What is the sales tax in Parkville, PA?

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

Is Parkville, PA affordable?

Yes, Parkville is generally considered affordable, with a cost of living index of 77 — about 23% below the US national average of 100.